China: Is it true that manufacturing has recovered? – ING

Following upbeat prints of China’s official Manufacturing Purchasing Manager Index (PMI) for November, ING came out with its analysis to reiterate earlier view.
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PBOC sets Yuan reference rate at 7.0262

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0262 versus Friday's fix at 7.0247.
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