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Country Focus

China PMIs Uptick Doesn’t Alter Case For Targeted Stimulus

by Felix-Antoine Vezina-Poirier, Chief Strategist  

China’s August PMIs improved, but underlying data point to persistent weakness and limited momentum. The official NBS composite rose to 50.5 from 50.2, with manufacturing still in contraction at 49.4 and services edging higher to 50.3. Private PMIs showed…

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