Here Comes HSBC China PMI...
Advertisement
AP Photo/Neal Ulevich
Advertisement
Economists polled by Bloomberg are looking for manufacturing PMI to rise to 52, from 50.7 the previous month.
The flash reading out earlier in July showed PMI climbing to an 18-month high of 52.
A reading below 50 indicates contraction.
Earlier we got the official PMI number which climbed to 51.7, from 51 in June and beating expectations for a rise to 51.4.
Advertisement
China's mini-stimulus has helped improve sentiment and Beijing again seems to have made growth a top priority.
Advertisement
- I'm an interior designer. Here are 10 things in your living room you should get rid of.
- A software engineer shares the résumé he's used since college that got him a $500,000 job at Meta — plus offers at TikTok and LinkedIn
- A 101-year-old woman keeps getting mistaken for a baby on flights and says it's because American Airlines' booking system can't handle her age
- The Role of AI in Journalism
- 10 incredible Indian destinations for family summer holidays in 2024
- 7 scenic Indian villages perfect for May escapes
- Paneer snacks you can prepare in 30 minutes
- Markets crash: Investors' wealth erodes by ₹2.25 lakh crore