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    China: Manufacturing PMI in line with market expectations - TDS Sandeep Kanihama

    Research Team at TDS, notes that China’s manufacturing PMI for June came in bang on 50 as the market expected.Key Quotes“June Non Manufacturing PMI was a touch above the prior print, but the Caixin Manufacturing PMI print at 48.6 was below the market forecast for 49.2, hitting a 4 month low. While the lower Caixin print points to weak offshore demand, the data was ignored today.” 

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