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  • The December RatingDog services PMI points to slowing demand but a marked revival in sentiment.
  • Firms are reluctant to hire though, and services inflation pressure is muted.
  • China has provided more funds for consumer subsidies, though less than this time last year.

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Keywords for: 6 January 2026 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence