RSS China’s Caixin PMI manufacturing falls back to 50.5 as downward pressures persist

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 RSS China’s Caixin PMI manufacturing falls back to 50.5 as downward pressures persist

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China’s Caixin Manufacturing PMI dropped to 50.5 in December, down from 51.5 and below market expectations of 51.6, signaling a moderation in the sector’s growth. While supply and demand expanded modestly, external demand remained a significant drag, according to Wang Zhe, Senior Economist at Caixin Insight Group. Zhe highlighted several challenges, noting that external demand […]

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