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Showing 1 - 10 of 44 results for %22Caixin China PMI%22

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
... The statement suggests that China's economic recovery may be weakening, supported by recent PMI surveys. The Caixin China general composite PMI fell from 53.8 in May to 50.6 in June -- the lowest reading since April 2020, with private sector activity ...

Chief economist update: Strike while iron ore cools

BENJAMIN ONG  |  FRIDAY, 26 MAR 2021
... and its growing demand for steel as it proceeds onwards with its industrialisation and urbanisation. While the Caixin China PMI surveys - composite, manufacturing, services - slowed in February 2021 - they remain at levels indicating continued expansion. ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
... as Li underscored: "In 2021, China will continue to face many development risks and challenges..." The latest Caixin China PMI surveys back Li's warning. Although still at a reading indicating expansion, the composite output index registered its ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
... expanded by 3.2% in the June quarter and strengthened even more to 4.9% in the September quarter. The latest Caixin China PMI surveys portend the growing times will continue to roll. I won't bore you with the details but here's the picture......and ...

Chief economist update: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
... the September quarter. Latest PMI surveys indicate that the fourth quarter would be equally strong or stronger. The Caixin China General Composite PMI rose to 55.7 in October 2020 from 54.5 in September. This is the fastest rate of growth in four months ...

Chief economist update: Communists' party

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2020
... (minus 6.8% y-o-y) in the March quarter. More recent reports indicate continued growth in the economy with the Caixin China PMI - composite, manufacturing and services - remaining at levels indicating expansion (above 50) over the past three months to ...

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
... investment; industrial production - have sequentially improved since their sharp drops in February this year. The Caixin China PMI - composite, manufacturing, services - have returned to expansion in May and strengthened even more in June. More recently ...

Chief economist update: Good as gold

BENJAMIN ONG  |  MONDAY, 13 JUL 2020
... sequentially eased to 6.3% in May from 24.5% three months before. Forward indications are also positive. The Caixin China PMI surveys have returned to readings indicating expansion - composite (55.7 in June from a record low 27.5 in February); manufacturing ...

Chief economist update: Second waving, not drowning

BENJAMIN ONG  |  TUESDAY, 7 JUL 2020
... - and first out of it, it's economy is revitalising sooner than everyone else. This is underscored by the Caixin China PMI surveys that show the composite index continuing to improve from 47.6% (contraction) in April to 54.5 in May and 55.7 in June ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
... from minus 7.5% in April and minus 15.8% in March. These improvements are underscored by the V-shaped rebound in the Caixin China composite PMI - up to a reading of 54.5 in May from a record low of 27.5 in February - as both the manufacturing (up to ...
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