China’s Caixin/Markit manufacturing purchasing managers’ index (PMI) – a gauge of sentiment among smaller, private firms – fell to 53.0 in December from 54.9 in November. Photo: Reuters China’s Caixin/Markit manufacturing purchasing managers’ index (PMI) – a gauge of sentiment among smaller, private firms – fell to 53.0 in December from 54.9 in November. Photo: Reuters
China’s Caixin/Markit manufacturing purchasing managers’ index (PMI) – a gauge of sentiment among smaller, private firms – fell to 53.0 in December from 54.9 in November. Photo: Reuters
Economy /  Global Economy

China factories cooled in December, as other Asian manufacturing powerhouses surged

  • China’s Caixin/Markit manufacturing purchasing managers’ index (PMI) fell to 53.0 in December from 54.9 in November
  • In contrast, sentiment in Japan, Taiwan and South Korea improved, suggesting Asia-Pacific may remain an engine for global growth in 2021

Topic |   China manufacturing
Andrew MullenFinbarr Bermingham
Andrew Mullen and Finbarr Bermingham

Updated: 11:02pm, 4 Jan, 2021

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China’s Caixin/Markit manufacturing purchasing managers’ index (PMI) – a gauge of sentiment among smaller, private firms – fell to 53.0 in December from 54.9 in November. Photo: Reuters China’s Caixin/Markit manufacturing purchasing managers’ index (PMI) – a gauge of sentiment among smaller, private firms – fell to 53.0 in December from 54.9 in November. Photo: Reuters
China’s Caixin/Markit manufacturing purchasing managers’ index (PMI) – a gauge of sentiment among smaller, private firms – fell to 53.0 in December from 54.9 in November. Photo: Reuters
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