China Economy

Chinese PMIs puke

David Llewellyn-Smith
Thursday 1 August 2024
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China’s PMIs puked all over themselves yesterday.

Manufacturing is cactus long before Donald Trump:

In July , the manufacturing purchasing managers’ index ( PMI ) was 49.4% , down slightly by 0.1 percentage point from the previous month, and the manufacturing industry’s business climate was basically stable.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.