Two Chinese PMIs came in over the weekend, the S&P and NFLP (this one is put out by China's statistical bureau). The results of the two were slightly contradicting.
S&P: 50.8 in Dec, 50.7 in Nov
The recovery in manufacturing has continued for the last 4/5 months, but it is marginal at best. The soft recovery comes from weak export business (6-month low). The domestic recovery has helped production increase, but it hasn't done much to improve hiring sentiment. However, in general, the outlook for...

Can China come back in 2024?
It's a big question for emerging markets. Economically, China is going into the new year weakly. Retail sales and manfacturing are both coming back slowly, but they have also needed significant support from the government. The real estate sector is still a huge road block to improvement, and in general, investment has struggled over the last 6 months.
That being said, Chinese ETFs have been beat down heavily in 2023 with prices nearing historical lows. Most are still...