China Slows Sharper than Expected

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China Slows Sharper than Expected

In addition to the riots against tight covid restrictions since the weekend, China is also facing broader adverse effects of the strict anti-Covenant policy, PMI data shows. The official survey showed the manufacturing index falling from 49.2 to 48.0 - well below the median forecast of 49.0. The non-manufacturing sector activity index fell from 48.7 […]

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