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REGIONAL MANUFACTURING

China's PMI jumps in August, but private sector trails behind

Friday, September 2, 2016 - 05:50
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China's official Purchasing Managers' Index (PMI) jumped unexpectedly in August, led by infrastructure in state-owned companies (SOEs), but analysts say weaknesses remain.

Beijing

CHINA'S official Purchasing Managers' Index (PMI) jumped unexpectedly in August, led by infrastructure in state-owned companies (SOEs), but analysts say weaknesses remain.

The official index, more geared towards large SOEs than the private Caixin PMI index, came in at 50.4

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