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1st Apr 2022 00:00China+, Daily Monitor

  • China's economy is groaning under the strain of increasingly restrictive zero-Covid policies.
  • Factory closures and lockdowns took a heavy toll on both manufacturing and services in March.
  • Policymakers are relying on the existing toolkit, deployed more rapidly, for now.

bond issuance capital outflows developers employment export orders external demand funding costs government infrastructure spending liquidity local government manufacturing March non-manufacturing pmi pboc pmi pmis policy policymakers q1 raw materials surveys

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Keywords for: A Sharp Slowdown for China in March, but No New Stimulus, Yet

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