China’s official PMI stable

Thursday 1 May 2014

China’s official Purchasing Managers’ Index is out at 50.4 in April from March’s 50.3, one point shy of expectations. New orders were up 0.2 at 51.2, but new export orders fell 1 point to 49.1.

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.