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China’s PMIs support the reopening narrative| Ausbiz
China’s authorities are committed to supporting growth this year, says Isaac Poole from Oreana Financial Services. Isaac expects that will be important in extending the global economic cycle. We are increasingly seeing evidence that Chinese households are releasing pent-up demand through travel and consumer demand – although Lunar New Year will make it difficult to interpret the data for at least a month. Isaac continues to expect China to lead Asian equities to outperform and Oreana sees that as an important alpha opportunity.
(Source: Ausbiz)
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