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U.S. equities may have started the second quarter with a bang, but it was a stunning turn of events in China that has captured all the headlines. That’s not surprising given the shock global markets received when the country’s official GDP forecast was lowered to just 6-6.5% for 2019, an absurdly optimistic target for us, but the lowest growth rate for China since 1990. But with the official PMI score (and the unofficial China Beige Book) rising, showing that industrial orders and hiring have begun to pick up, investors are