Joined Nov 11, 2007
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China’s PMI Data Disappoints


“China’s NBS just published its official manufacturing PMI report, and it’s a bit of a disappointment.

The headline number unexpectedly slipped to 50.4 in January.

Economists were expecting an increase to 51.0 from 50.6 in December.

The good news: any reading above 50 signals expansion.”

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