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S&P Revises China's Credit Outlook, NFPs In Focus

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Chinese manufacturing PMI surprised massively to the upside, suggesting that the effects of the several rounds of easing undertaken by the PBoC, together with the government's fiscal stimulus did actually help the economy to adapt to the “new normal” of slower growth. The official manufacturing PMI passed the 50 mark[​IMG]

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