Event Summary: On July 31, China’s National Bureau of Statistics released the purchasing managers’ index (PMI) data for July, showing the manufacturing PMI at 49.4%, a slight decline of 0.1 percentage points…
Tag: PMI
China’s Manufacturing PMI Dips, Exports Show Resilience Amid Policy Calls for More Support
China’s manufacturing Purchasing Managers’ Index (PMI) slipped to 49.4 in July, down from 49.5 the previous month, remaining below the pivotal 50-point threshold that distinguishes expansion from contraction. This marks the fifth…