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China Caixin Services PMI for November 46.7 (prior 48.4) | Forexlive

Caixin / Markit services PMI for November is 46.7

  • prior 48.4

Composite is 47.0

  • prior 48.3

Awful numbers but they’ll be viewed in light of the dialling back of restrictions in China and there are better conditions expected ahead.

I’m not as dour as Goldman Sachs:

The PMIs from China for November: