The HSBC/Markit Economics Chinese Purchasing Managers' Index revealed that among the components in the report input costs increased again and might be an indication of why both retailers and wholesalers raised prices.
This situation in the industrial arena added to the real estate price expansion might set off the People's Bank of China. The central bank showed it is determined since it raised rates twice in three months as well as reserve requirements two 20-year highs. After the Chinese new year festivities ending on 2/8 another rate hike might be waiting.
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