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China has the markets totally fooled

For the past few months, markets haven't heard a peep from China. After an incredibly volatile start to the year, analysts and economists all over the world believe that the Chinese economy has stabilized. In August, PMI came in at 50.4, up from 49.9 in July. Industrial output beat expectations for the month coming in at 6.3% rather than than 6.2%. And Bloomberg's monthly GDP tracker put GDP growth at 7.
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