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China’s PMI data suggests domestic demand remains soft
April 30, 2026
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ASIA/PACIFIC: China’s purchasing managers’ index fared better than expected as new export orders and imports returned to expansion for the first time since early 2024. But softer domestic activity sent the non-manufacturing PMI back into contraction. Price pressures also stayed firmly in expansionary territory, suggesting China's reflation is continuing
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Coverage and analysis from Netherlands. All insights are generated by our AI narrative analysis engine.
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