Swiss Economicblogs.org
August manufacturing PMI showed solid industrial activity, while domestic demand is holding up well. We are keeping our Chinese GDP forecast unchanged.China’s official manufacturing PMI in August came in at 51.7, rising slightly from July (51.4), and remaining firmly in expansionary territory. The Markit PMI extended its ascendance for the third consecutive month to reach 51.6 in August.Domestic demand seems to be holding up well. The production, new orders and imports sub-indices of the...
Read More »Chinese PMI point to continued expansion
