China Caixin May 2025 Manufacturing PMI 48.3 (prior 50.4!)
Ugly number this one. A big, big miss. China Caixin May 2025 Manufacturing PMI 48.3 expected 50.7, prior 50.4 Over the weekend we had an improving, though still in contraction, official manufacturing PMI: The private-survey Caixin manufacturing PMI is awful though. — The two PMIs are quite different. If you are unfamiliar with this, the following will set you…










