Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
China’s October PMI Data Disappoints, Underscoring Intractability Of Global Growth Slump
Anyone hoping for "green shoots" out of the world's second-largest economy will be disappointed on Thursday.
Chinese PMI data for October came in below expectations, underscoring the notion that ostensible "progress" on trade talks with the US notwithstanding, Beijing faces serious headwinds as policymakers struggle to keep growth from falling below the Party's target range.
The October manufacturing PMI printed 49.3, the National Bureau of Statistics said Thursday. That's worse than the 49.8
