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CHINA: PMI’s to Show Path to Economic Recovery Slow. 

CHINA
  • Over the weekend China will release its official Manufacturing and Non-Manufacturing PMIs.
  • The official PMIs focus on the bigger state-owned enterprises which, due to their size, are often slow moving.
  • Octobers’ Manufacturing PMI printed at 50.1, barely above the 50 mark that signals expansion.
  • Market surveys point to a 50.2 print for November.
  • October’s Non-Manufacturing PMI printed at 50.4 and surveys point to a 50.4 result for November.
  • December 2nd sees the CAIXIN PMIs released.
  • CAIXIN PMI’s are focused on the private sector and it is here where we could see a pick up in activity. 
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  • Over the weekend China will release its official Manufacturing and Non-Manufacturing PMIs.
  • The official PMIs focus on the bigger state-owned enterprises which, due to their size, are often slow moving.
  • Octobers’ Manufacturing PMI printed at 50.1, barely above the 50 mark that signals expansion.
  • Market surveys point to a 50.2 print for November.
  • October’s Non-Manufacturing PMI printed at 50.4 and surveys point to a 50.4 result for November.
  • December 2nd sees the CAIXIN PMIs released.
  • CAIXIN PMI’s are focused on the private sector and it is here where we could see a pick up in activity.