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China’s manufacturing PMI signals deteriorating conditions in October

China’s manufacturing industry experienced a slight setback in October, with the latest Purchasing Managers’ Index (PMI) data from Caixin and S&P Global revealing deterioration in production as a result of slower sales. 

China’s manufacturing sector sees slight improvement in September

The Caixin China General Manufacturing PMI has slipped from 51.0 in August to 50.6 at the end of the third quarter, suggesting a marginal improvement and marking the second consecutive month of enhanced sector health.

China’s manufacturing PMI inches higher in August to 51.0

The Caixin China General Manufacturing PMI has increased from 49.2 in July to 51.0 in August, beyond the neutral 50.0 level, indicating a further improvement in the sector's health, which had improved in three of the previous four months. 
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.