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Looking Through Caixin Manufacturing PMI

CROSS ASSET

Nothing in the way of initial reaction in the major asset classes to the latest Caixin manufacturing PMI print out of China, with a look through the modest headline beat revealing familiar anecdotes, namely "production falls modestly amid reports of rising costs and reduced power supply, while average lead times increase at fastest rate since March 2020."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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