China's economy enjoys solid start to 2018 as PMI hits seven-year high

  • Caixin Composite PMI Output Index at 53.7 in January, highest since start of 2011
  • Jobs growth seen for second straight month
  • Overall inflationary pressures ease, but service providers report a marked rise in input costs
  • Business confidence about the year ahead edges up but remains subdued

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Bernard Aw, Principal Economist, IHS Markit
Tel: +65 6922 4226

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