Manufacturing Gauge

Chinese Manufacturing Gauge Weakens In Threat To Economic Recovery

Chinese manufacturing unexpectedly fell sharp to the lowest in 15 months according to a private gauge, reinforcing the need for further policy support in the world’s second-largest economy. China’s preliminary (or “flash”) General Manufacturing Purchasing Managers’ Index (PMI) from Caixin and Markit Economics, previously known as the HSBC PMI, fell to 48.2 in July, down from 49.4 in … Continue reading →