China | Upbeat August PMIs point to a diminished tail risk for China’s economy
Published on Friday, September 1, 2017 | Updated on Sunday, May 13, 2018
China | Upbeat August PMIs point to a diminished tail risk for China’s economy
Summary
Despite that July activity indicators slightly disappointed the market, China’s economy seemingly resumed its momentum in August. The official manufacturing PMI picked up to 51.7 from 51.4 of the previous month. Meanwhile, the Caixin China Manufacturing PMI surged to 51.6 from 51.1 in the previous month, beating the market consensus at 51.0.
Topics
- Topic Tags
- Regional Analysis China
- Macroeconomic Analysis
Authors
Jinyue Dong
BBVA Research - Senior Economist
Le Xia
BBVA Research - Chief Economist
Documents and files
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