Technical Analysis

Chinese business confidence hit by COVID, lowest in almost 10 years

Reuters reporting on the results of a survey by World Economics:

  • China’s business confidence hit its lowest since at least January 2013
  • index fell to 48.1 in December (index was the lowest since the survey began.) from 51.8 in November
  • survey of sales managers at over 2,300 companies conducted December 1-16.

Reuters link here for more.

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