Saturday 25 January 2020
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manilatimes - 1 month ago

China’s growth will rebound this quarter

The macroeconomic data from China has been surprisingly positive lately, particularly that the private manufacturing sector signals progress, which was quite unexpected. The Caixin Manufacturing Purchasing Managers Index (PMI), which primarily covers the private sector, showed an increase to 51.8 points in November, which in fact, is the highest reading in the past three years. [ ]


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