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Another number shows Chinese manufacturing activity contracted again

  • The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) came in at 48.3 in January, compared to 49.7 in December. Analysts polled by Reuters had expected the Caixin PMI to be 49.5 last month.
  • It was the second-consecutive month of contraction and the lowest reading since 2016.

OTHER NEWS

Trump is ready to go all-out in the trade war with China, and even the iPhone may not be spared

27/11/2018, 6:15 AM

https://www.cnbc.com/2018/11/26/trade-war-will-still-be-a-problem-for-markets-after-g20-summit.html President Donald Trump seemed ready to escalate the trade war with China in an interview with the Wall Street Journal on Monday. Trump said it is “highly unlikely” that an upcoming meeting with Chinese President Xi Jinping at the G20 summit will yield a deal to prevent a forthcoming increase in tariffs. Trump also […]

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Jeffrey Frankel, “China Confronts the Market”, Project Syndicate, 04/09/2015.

10/03/2016, 2:20 PM

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