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5th Jan 2023 15:22China+, Weekly Monitor

  • The Caixin PMI probably understates the depth of the service sector downturn right now...
  • ...The official services index shows a plunge, while movie ticket sales almost halved over New Year...
  • ...But big cities report Covid cases have peaked, and we expect a reopening recovery from Q2 onwards.

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Keywords for: 6 Jan 2023 China+ Monitor

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