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31st Jan 2018 05:17China+, Economic Monitor

China's manufacturing PMIs have softened in Q4. Indeed, we think the indices understate the slowdown in real GDP growth in Q4, as anti-pollution curbs were implemented. More positively, though, real GDP growth should rebound in Q1 as these measures are loosened.

china services pmis holiday effects japanese auto sales boj rate hikes manufacturing pmi export orders index cement production rates real estate sector japanese auto production car sales currency markets us data fx market

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Keywords for: 1 February 2018 China PMIs Distorted by Holiday E ects, Missing the Curbs Impact

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