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A series of supportive headlines pushed Chinese equities higher final week. On Monday, it was reported that Chinese industrial earnings had posted their largest gain in almost a year, bucking a development of losses which had lasted six months. On Tuesday, we noticed Chinese PMIs surprising to the upside, with production, new orders and new exports additionally bettering markedly. On Wednesday, we noticed a report that manufacturing exercise also improved in June, with new orders up for the primary time since January.
This event will run concurrently with …