China Economy

Now China’s non-manufacturing PMI sags

David Llewellyn-Smith
Monday 4 March 2013
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Over the weekend China released its non-manufacturing PMI fell to 54.5 in February from 56.2.

Markets are priced well ahead of the muted Chinese recovery, not to mention its ongoing measures to restructure the economy.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.