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CHINA PRESS: Caixin PMI Rebound Remains Constrained

CHINA PRESS

MNI (BEIJING) - The Caixin manufacturing PMI rebounded above 50 in August after July’s contraction, but remains constrained by external demand pressure, deflationary momentum and logistical delays, according to Wang Zhe, senior economist at Caixin. Wen Bin, chief economist at Minsheng Bank, said policy intensity has increased since August, but authorities need stronger measures to achieve the annual economic and social development goals.

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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