Ben Cavender, Principal, China Market Research Group (CMR) says the market is witnessing what was expected. But Ben Luk, Global Market Strategist at JP Morgan Asset Management, says the GDP data is worse than expected and the government needs to do a lot more
China's Caixin Purchasing Managers' Index (PMI) fell to 48.2 in December, from 48.6 in November, contracting for the tenth month.