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Upbeat Chinese Data May Not Ease Emerging-Market Taper Gloom Bloomberg 3/8/2021 Farah Elbahrawy, Livia Yap and Sydney Maki © Bloomberg Trucks and semi-trailers wait in line on a highway leading into the city in Shanghai, China, on Friday, April 24, 2020. China is studying ways that it could accelerate purchases of U.S. farm goods to meet its phase-one trade deal commitments after the coronavirus delayed some imports, according to people familiar with the matter. (Bloomberg) The prospect of rising inflation and U.S. Treasury yields may damp emerging-market sentiment, reflected by a slump in Chinese assets despite trade data that pointed to a speedier global recovery from last year’s lockdown.

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