CH Manufacturing PMI

China’s official manufacturing purchasing managers’ index, published by the National Bureau of Statistics over the weekend, showed activity falling to 50.0 in May, down from 50.3 in April. This 50.0 level represents the threshold between expansion and contraction and marked a 3-month low. There was a broad-based decline in the sub-indices. But we saw the most notable drops in new orders, which fell back into contraction at 49.9 from 50.6, and new export orders, which fell to 48.6 from 50.3. The Raw Material Purchasing Price Index ...

China’s factory activity topped analysts’ expectations, although growth slowed from the prior month when it hit a year-high, as new orders saw a slowdown. The official manufacturing purchasing managers’ index reading of 50.3 was higher than the the 50.1 expected by Reuters-polled economists. A figure above 50 indicates expansion, while below shows a contraction in activity. Non-manufacturing PMI fell into contraction territory at 49.4, compared to the 50.1 seen in March, with activity in the services and construction sectors both ...

China’s official gauge for manufacturing activity climbed more than expected in March to mark its best performance in a year and snapping two months of declines, as export orders showed strong momentum. The Manufacturing Purchasing Managers’ Index for March rose to 50.4, according to the National Bureau of Statistics on Tuesday, beating economists’ expectations for 50.1 in a Reuters poll. A reading below 50 indicates contraction, while levels above that threshold signal expansion. That expansion marked a notable rebound after two ...

China’s factory activity faltered in February as manufacturers paused production and cargo shipment to celebrate an extended holiday, an official survey showed on Wednesday. The official manufacturing purchasing managers index fell to 49 in February, according to the National Bureau of Statistics, missing economists’ forecast for 49.1. A reading below 50 indicates contraction, while levels above that threshold signal expansion. That marks a second straight month of contraction, with PMI reading matching October and April 2025 levels. ...

President Xi Jinping declared China is set to meet its economic targets for 2025, with growth expected to reach “about 5%,” providing an upbeat backdrop to data showing a recovery in the nation’s manufacturing sector. Addressing the country’s top political advisory body on New Year’s Eve, Xi said the economy has demonstrated resilience despite challenges. His remarks were bolstered by official data showing the first expansion in factory activity in nine months. “China’s economy has forged ahead under pressure, developing toward the ...

China's manufacturing activity unexpectedly grew in December, snapping eight straight months of decline, giving policymakers some confidence as they raced to meet their economic ​growth target for the year. The manufacturing purchasing managers' index (PMI) rose to 50.1 in December from 49.2 in November, the National Bureau of Statistics' survey showed on Wednesday, above the 50-point mark separating growth from contraction. It beat analysts' forecast of 49.2 in a Reuters poll. The data should give policymakers cause for optimism ...