China Economy

The Chinese economy is not improving

David Llewellyn-Smith
Advertisement

Pantheon with the PMI wrap. It’s going to get worse, not better as the trade shock intensifies.

—————————————————————————-

  • China: the official Manufacturing PMI rose to 49.4 in August, from 49.0 in July. Consensus was 49.2.
  • China: the official Non-Manufacturing PMI fell to 52.6 in August, from 53.8 in July. Consensus was 52.3.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
Twitter Share
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.
Advertisement