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FAST FIVE: "Never Been Worse" – China's (Non-Government) Business Survey Collapses As Trade War Strikes

“Most surveyed companies are now experiencing unprecedented difficulties and have become increasingly pessimistic about business prospects for the next six months,” Li Wei, the economics professor at CKGSB who oversees the survey, said in a commentary accompanying the September survey results. The PBOC is actually telling us that they expect Read more…

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