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Published on Tuesday, September 1, 2015

Market Comment | Global markets tumble on weak Chinese data

Weaker August PMIs point to China’s growth woes. China’s official PMI (released by NBS today) fell below the 50.0 watershed level to 49.7 in August, in line with the market expectation (consensus: 49.7 vs. previous: 50.0) The August reading of the official PMI has registered its lowest level since 2012, indicating that the economy […]