HSBC Asia’s Chief Economist said the following about China:

“Growth remains on track of slowdown, despite the marginal improvement in the headline flash PMI led by quickened production after the Chinese New Year. With a meaningful rebound of domestic demand not in sight, external weakness is starting to bite, adding more downside risks to growth. The PBoC, after delivering this year’s first RRR cut, should step up policy easing as inflation pressures continue to ease.”
82531021 Flash China PMI

 

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