The manufacturing purchasing managers’ index fell to 50.1 in April, a decrease on March’s performance of 50.5. Photos: Reuters

China’s PMI suffers surprise decline in April despite Beijing’s stimulus efforts

  • China’s manufacturing purchasing managers’ index fell in April, suggesting Beijing’s stimulus is having muted impact on the economy
  • Manufacturing PMI fell to 50.1 in April, while non-manufacturing PMI fell to 54.3, both missing analysts’ higher expectations
Topic |   China economy

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The manufacturing purchasing managers’ index fell to 50.1 in April, a decrease on March’s performance of 50.5. Photos: Reuters
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China’s Vice-Commerce Minister Wang Shouwen (seated, far right) is part of China’s trade negotiations with the United States. Photo: Xinhua

US investors ‘confidently’ pouring money into China despite trade war, says commerce minister

  • Direct foreign investment into China from the United States increased by 65.6 per cent in the first quarter of 2019, total foreign investment up 6.5 per cent
  • Trade negotiations led by China’s Liu He and Wang Shouwen and US counterparts Robert Lighthizer and Steven Mnuchin to take place this week in Beijing
Topic |   China economy

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China’s Vice-Commerce Minister Wang Shouwen (seated, far right) is part of China’s trade negotiations with the United States. Photo: Xinhua
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