US tariffs and weak domestic demand continue to weigh on industry in China. Margin pressure, job cuts and supply problems are dampening the already fragile recovery.
This is a very insightful analysis highlighting the mixed signals in China’s industrial sector. The contrast between the Caixin PMI and the official NBS PMI really shows how different segments of the economy are experiencing pressure differently.
This is a very insightful analysis highlighting the mixed signals in China’s industrial sector. The contrast between the Caixin PMI and the official NBS PMI really shows how different segments of the economy are experiencing pressure differently.
Thank you