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
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

Topic |   China economy
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
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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