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Aggregated China Business Blogs
Weaker-Than-Expected PMI Points To More Easing Measures
Aggregated Source: China Money Network
A weaker-than-expected reading of China's official Purchasing Managers Index (PMI) suggests that the easing bias in the country's monetary policy will be maintained, says a report issued by the Australia and New Zealand Banking Group Limited (ANZ). China’s official PMI, the bellwether of large industrial firms, declined to 50.8 in October, compared with 51.1 in […]


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