CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CHINA: Caixin PMI Stronger than Expected.

CHINA
EM BulletAPACChinaEmerging Market NewsBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets
  • China’s Caixin PMI rose to 50.3 from 49.3 for September beating estimates of 49.7.
  • The output and new orders component were the highest readings since June.
  • Yesterday’s official PMI manufacturing rose to 50.1, following declining the month prior.
  • The Caixin survey covers small and medium sized businesses whereas the official focuses on large and state-owned enterprises.
  • As a result, the Caixin is often considered a more accurate estimation for the performance of China’s private sector. 
74 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • China’s Caixin PMI rose to 50.3 from 49.3 for September beating estimates of 49.7.
  • The output and new orders component were the highest readings since June.
  • Yesterday’s official PMI manufacturing rose to 50.1, following declining the month prior.
  • The Caixin survey covers small and medium sized businesses whereas the official focuses on large and state-owned enterprises.
  • As a result, the Caixin is often considered a more accurate estimation for the performance of China’s private sector.