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Asian Chemical Connections

Divergent China PMIs Tell Clear Story

By John Richardson CONFUSED? You shouldn’t be. Yesterday’s announcement of two Chinese purchasing managers’ indices for July, which had moved in opposite directions, merely underlines the imbalances in China’s economy. The final HSBC/Markit PMI for July came in at 47.7 – an 11-month-low and the same as the flash forecast released a couple of weeks […]

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