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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
MNI BRIEF: China Slowdown Tops Concerns Of European Firms
European firms have increased pessimism over China's economic conditions, a business confidence report from the European Chamber of Commerce said on Friday.
A total of 55% of members ranked the country's economy woes as a top-three concern, up 19 pp y/y, the report showed.
Introducing the paper, Jens Eskelund, president of the chamber said the report results were "lower than expected," despite 45% of members saying market access had increased, up 9 pp y/y.
"Firms previously on the fence are now adjusting business plans to suit lower expectations," Eskelund added.
The report showed 36% of firms saw overcapacity in their sector, with 30% believing the opposite.
China’s trade should recover to pre-pandemic trends of single digit growth in 2024 driven by export demand for new manufactured goods, following flat results last year and despite western “overcapacity” accusations, a senior policy advisor to the National Development and Reform Commission told MNI. (See MNI INTERVIEW: China Exports To Grow In 2024 - Advisor)
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.