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Chinese policymakers (and indeed risk.........>

CHINA: Chinese policymakers (and indeed risk assets in early trade) will take
solace from the bounce back in the headline m'fing PMI & m'fing output metrics
evident in the latest round of official PMI data.
- The metrics will have been aided by the recently announced targeted stimulus
- The official PMI's new m'fing export orders index remained in contractionary
territory owing to the trade war.
- Seasonal adjustments around LNY provide some degree of caution.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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