06 May 2024
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Demand for factory goods in China is finally growing.
That’s our main takeaway from the April manufacturing PMI readings, released by the stats bureau (NBS) and Caixin last week.
Quick refresher: PMIs give a snapshot of business conditions based on survey responses.
A reading above 50 i...
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Beijing is pushing for improvements to the recycling system to boost its consumer goods trade-in initiative. ICYDK: The State Council launched the initiative in March, but it has reportedly failed to take off in some localities due to the rock-bottom… Read More »
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