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Chinese data is often viewed with scepticism
Primary indicator —> Chinese Caixin Manufacturing Purchasing Managers Index (#PMI).
Much like the ones mentioned in [[German Ifo And Eurozone PMI]] and [[The importance Of Economic Reports]].
China is a manufacturing-based economy.
Two manufacturing PMIs,
Both have a break-even of 50
Caixin is a fantastic leading indicator for the global economy.
Rendering context...