China Services PMI Rises, Manufacturing Slumps as Xi Weighs Trade, Stimulus Path

Chinese service sector activity accelerates While American economic indicators begin to turn red, China’s number shows a division between the power of services and manufacturing weakness. China’s Caxin Service PMI increased from 50.7 in April to 51.1 May, lining with consensus. According to May survey: Despite falling in the new export business for the first…

Read More

China Caixin Services PMI Rises to Three-Month High 51.9; Hang Seng Index Reacts

More information in our economic calendarExpert views on China’s service sector Dr. Wang Ze, Senior Economist of Caxin Insight Group, Comment: “Market optimism was maintained. The indicators for future activity expectations were measured less than February, but remained in the field of expansion. Service providers had expected future policy support at home. However, some expressed…

Read More
gift a book More Than a Motorcycle: The Royal Enfield Bullet Story