China PMIs slump

Via China’s NBS. The reopening boom is already over with new orders cooked across the spectrum.

——————————————————————————————————————————————————————————-

In July , the manufacturing purchasing managers’ index ( PMI ) was 49.0% , a decrease of 1.2 percentage points from the previous month, and was below the critical point, and the prosperity level of the manufacturing industry declined.

There are 1999 words left in this subscriber-only article.

Get your first month for $1

Comments are hidden for Membership Subscribers only.