Markets

It’s not only China’s government saying the manufacturing sector is looking up

While China’s manufacturing sector returned to growth in March, the vast majority of the improvement was due to an acceleration in activity levels in larger firms. They grew modestly, while activity levels at smaller firms continued to contract. Nothing demonstrates this point better than the separate Caixin-Markit manufacturing purchasing manager’s […]
It’s not only China’s government saying the manufacturing sector is looking up
Markets

Activity across China’s manufacturing sector tanked last month

China’s manufacturing PMI report for November has come in below expectations. According the government, the index slipped to 49.6 in November, missing expectations for an unchanged reading of 49.8. PMI reports measure changes in activity across a sector over a one-month period, with a reading below 50 indicating activity levels […]
Activity across China’s manufacturing sector tanked last month