The Caixin/Markit manufacturing purchasing managers’ Index (PMI), a gauge of sentiment among the country’s factory operators which tends to include more small private sector firms, improved from 49.4 in June to 49.9 in July. Photo: AFP

China’s manufacturing outlook still weak but showing ‘signs of recovery’, Caixin survey shows

  • Caixin/Markit manufacturing purchasing managers’ Index (PMI) improved to 49.9 in July from 49.4 in June
  • Official purchasing managers’ index also rose slightly to 49.7 in July from 49.4 in both May and June, but both surveys remain negative on China’s manufacturing
Topic |   China economy

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The Caixin/Markit manufacturing purchasing managers’ Index (PMI), a gauge of sentiment among the country’s factory operators which tends to include more small private sector firms, improved from 49.4 in June to 49.9 in July. Photo: AFP
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Andrew Mullen

Andrew Mullen

Andrew Mullen returned to the Post in 2018 as a Production Editor for the China Economy desk having earlier worked as a reporter on the Sport desk. He has previously worked for the Press Association, the BBC and sport marketing company Lagardere Sports in both Hong Kong and the United Kingdom.