macroeconomic development over the coming twelve months, has deteriorated significantly in the current survey period (18/01/2016 - 03/02/2016), falling to a level of minus 20.7 points. This is by far the lowest value recorded since the survey was begun in mid-2013.
Falls in the sub-indicators for employment, as well as for new vehicle registrations, have been particularly stark. The worsening expectations for the Chinese economy are thought, above all, to reflect fears that a weaker
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