Summary | Food prices usually rise two weeks prior to the CNY
onhigher holiday demand. Moreover, the 4.2-4.5% fuelprice hike
in late December could add 0.1ppt to PPI sequentially. In
addition, it's reported that banks mayhave lent RMB1.2tn by 24
Jan. PMI to moderate modestly Weexpect PMI to modestly decline
to 53.3 inJanuary from 53.9 inDecember. A more realistic ...
chinastakes.com | 28 September 2014