Recent economic indicators show a notable shift in the world's second-largest economy. November data reveals the non-manufacturing sector contracted for the first time since early 2023, marking a significant turn in activity levels. This PMI decline could signal broader implications for risk assets and digital markets, as weakening economic momentum often influences investor sentiment across global portfolios. Worth monitoring how these macro headwinds might ripple through crypto liquidity and trading volumes in the coming weeks.

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BlockTalk

· 19m ago

Is the Chinese economy disappointing again? The decline in the non-manufacturing PMI was bound to happen, it rose too sharply before.

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Layer2Observer

· 12-01 06:54

The non-manufacturing PMI has contracted for the first time... let's take a look at the logic behind the data, will this wave of recession signals really transmit to on-chain Liquidity? Further verification is needed.

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SatsStacking

· 11-30 11:02

Is the Chinese economy going to cool down? The non-manufacturing PMI has turned... It was already pessimistic, and now it's more confirmed. Should retail investors buy the dip or exit the market? It's really a dilemma.

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NotSatoshi