2016-07-25

Volatile PMI Gone

Bloomberg: China Factory Gauge Suspended, This Time ‘Indefinitely’
The indicators, which track manufacturing and services, were more volatile than the official PMI from the National Bureau of Statistics.

...“We are facing some pressure,” Jia Kang, director of the Beijing-based academy, said by phone Thursday, declining to offer more elaboration. “It’s difficult to say.”

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