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
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