CNY: Mixed PMIs signal two-speed recovery – Danske Bank
Danske Bank analysts note that China’s January PMIs diverged, with the official NBS manufacturing index slipping below 50 while the private RatingDog measure rose above 50. The difference stems mainly from export orders.
Danske Bank analysts note that China’s January PMIs diverged, with the official NBS manufacturing index slipping below 50 while the private RatingDog measure rose above 50. The difference stems mainly from export orders.
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