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30th Sep 2024 13:31China+Daily Monitor

  • China's manufacturing PMIs point to shrinking activity, while the service sector continues to slow.
  • Construction seems to be stabilising; we expect a stimulus impact soon, on faster bond issuance.
  • Measures announced should lift short-term growth, but expect more monetary and fiscal support in Q4.

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Keywords for: 1 October 2024 China+ Monitor

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