Deflationary Spiral Still a Recurring Risk in China, But Yuan Remains Resilient

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<p>November NBS Manufacturing & Non-Manufacturing PMIs for China came in weaker than expected. Recurring risk of the deflationary spiral in China has led to the underperformance of China & Hong Kong stock markets despite the recent bout of global risk-on-herding behaviour. The Chinese yuan has continued to appreciate against the US dollar driven by external […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/529639-deflationary-spiral-still-a-recurring-risk-in-china-but-yuan-remains-resilient/">Deflationary Spiral Still a Recurring Risk in China, But Yuan Remains Resilient</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>