These Chinese PMIs come from the National Statistical Bureau of Statistics (NBS). For July 2025:
PMI manufacturing disappoints in contraction at 49.3
- Expected 49.7, East 49.7
Non-construction PMI 50.1, still in detail but only barely
- Expected 50.3, East 50.5
Composite 50.2
- East 50.7
,
First:
- Chinese state media says that some deep and structural problems in business talks with us
,
In the next few days, we will get ‘informal’ Caixin/S&P construction and non-producer PMIS for July. Official and informal PMIs are quite different. I have first posted here how they are different and why both are useful:
- Economic Calendar in Asia Thursday, July 31, 2025 – BOJ Interest Rate Decision, China PMI
This article was written by Eamonn Sheridan on Investinglive.com.
Source link
