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Sick of hearing about Europe? Keep an eye on China, the main...

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    Sick of hearing about Europe? Keep an eye on China, the main game for FMG.

    China's Purchasing Managers Index surprised most analysts on the upside.

    "The report suggests manufacturing “has stabilized somewhat due to supportive fiscal and monetary policies,” said Liu Li- Gang, a Hong Kong-based economist at Australia & New Zealand Banking Group Ltd., who accurately predicted today’s reading. “Stronger-than-expected PMI also provides solid evidence that a hard landing for China’s economy is very unlikely.”"
 
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