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
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 economy
Economy /  China Economy

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

Andrew Mullen
Andrew Mullen

Updated: 10:25pm, 1 Aug, 2019

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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
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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