Press "Enter" to skip to content

China’s manufacturing PMI on the verge of contraction

China’s official manufacturing Purchasing Managers' Index (PMI) dropped to 50 in November, the dividing line between expansion and contraction, the lowest level since July 2016, according to the data released by the National Bureau of Statistics on Friday.

That's compared to 50.2 expected by the market and 50.2 in the previous month.

Small and medium-sized enterprise remained in the contraction zone, with PMI coming in at 49.1 and 49.2 respectively, while large-sized companies managed to stage an expansion, but at a much slower pace, with PMI hitting 50.6 in November, compared . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Systematic, timely and data-driven reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
  • Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related stories.
  • Weekly Market Wrap-up on A shares, Chinese bonds, the Yuan and commodities!
  • Interviews with China experts. We find you insights you should never miss!
  • Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?

 

Already have an account? Sign In

Top