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The Caixin/S&P Global manufacturing PMI for China nudged down to 50.5 in December from 51.5 the previous month, undershooting analysts' forecasts and indicating activity grew only modestly.
The purchasing managers' index (PMI) surveys are compiled on a monthly basis by polling businesses which represent the makeup of the respective business sector. S&P Global surveys cover manufacturing, services and in some cases also construction, while ISM's surveys cover all NAICS categories. SIPMM survey covers just the manufacturing sector.
China’s trade surplus grew to $104.8 billion last month, up from $97.4 billion in November. Its trade surplus with the US widened to $33.5 billion over the same period from $29.81 billion a ...
In October 2015 Caixin China General Services PMI reported that "Chinese business activity [had declined] at its quickest rate since start of 2009". [41] "In the group of non-energy commodities, metals experienced a broad-based drop on the weakness of manufacturing activity in China while agriculture prices were also generally down.
It also showed an unfavorable situation in the labor market. (The manufacturing PMI slipped to 50.3 from 50.8 in October, and the employment component eased 0.2 point in November.) [20] Industrial Production: As Credit Suisse estimated, an approximated one-quarter of China’s steel has been affected, 13% of its cement and 3% of its industrial ...
China's trade surplus grew to $104.8 billion last month, up from $97.4 billion in November. Its trade surplus with the U.S. widened to $33.5 billion over the same period from $29.81 billion a ...
But the Caixin manufacturing PMI — which focuses on smaller, private companies — rose to 50.9 in February, up from 50.8 in January, according to S&P Global, which compiled the survey.