China Economy

China PMI fade continues

David Llewellyn-Smith
Friday 1 May 2015
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China has released its official PMI for April and it’s come in flat at 50.1, which is pretty ordinary given the stimulus underway. The components were muted as well:

Capture

The non-manufacturing PMI slipped further from 53.7 to 53.4.

Very little to please the eye.

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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.