China’s April PMI Fell

china
Image: Easyturn/iStock

While China showed signs of mild expansion last month, its PMI in April fell to 50.1 from the previous month’s 50.5, according to the country’s statistics bureau.

Reuters in a report said analysts it surveyed had forecast the PMI would be unchanged from March’s reading.

The country’s private Caixin/Markit factory PMI for April was also released after the official one,.

The Caixin PMI for the month is 50.2, lower than March’s 50.8.

In Q1, China had 6.4% growth, beating analyst forecast of a slowdown and fueling hopes that the economy started to stabilize.

 

Read more on

Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern