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CHINA: "A See-Saw Effect Likely to Dominate China’s LV Market in the Near Term" (May 2014) alert

CHINA: "A See-Saw Effect Likely to Dominate China’s LV Market in the Near Term" (May 2014) alert. 3-page alert by LMC Automotive.

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back to index backCHINAtalk May,  2017


Where Manufacturing Activity Stands in China

China’s (FXI) (MCHI) economy, based on some of its economic indicators, has recently shown signs of a slowdown. Its manufacturing and services PMIs (purchasing managers’ indexes) dropped in April 2017, with manufacturing activity slowing more than expected, and demand feeling the impact of the Chinese government’s move to curtail risks associated with high borrowing.

China’s central bank had raised borrowing costs in March, based on stable economy indicators and improved economic activity over the previous few months. China also hiked its interest rate following tightening policies in the US (SPY) (QQQ).

To read entire article, please click here.

Source: Market Realist - GAI



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