It is the end of the quarter and the decks are clearing before the summer break period(s) with people moving and deals closing. So as deals close or, as is the case with some, get delayed or shelved, it is worth having a quick look around the market. It will begin and end with Chinese economic data – Chinese manufacturing output remains flat with a slight contraction while three separate sources put SME companies firmly in recession. Also a report from the Chinese government showed the manufacturing Purchasing Managers’ Index (PMI) dropped to 50.1 from 50.8 in May, this figure
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