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Essentials Daily Insights

Positive Surprise From China's Caixin Services PMI Contradicts Signal From NBS PMI

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China’s Caixin PMI delivered a positive signal on Thursday. The Services index climbed from 51.5 to 52.9 in December, beating expectations it would remain more or less unchanged. The improvement in the Services PMI lifted the Composite index by 1 point to a 7…

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