Cyrrus (Cyrrus)
Macroeconomics  |  July 24, 2012 09:26:06

China - PMI in June in the industry better than expected

China PMI in industry amounted to 49.5 points vs. 48.2 points in June. That number is better than the market expected and the highest reading of this indicator since February. While investors may catch a little bit of hope that China's growth-friendly politicians and central banks are beginning to work on far-reaching conclusions, however, is still too early.

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