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China Minxin PMI suspended pending 'major adjustment'

Ever since the Caixin 'flash' Manufacturing PMI was discontinued the search has been on for other early monthly indicators of China's economy.

One such indicator was the Minxin PMI, produced by the China Academy of New Supply-side Economics, a think tank funded by China Minsheng Banking Corp.

  • It surveys around 4,000 companies across mainland China
  • Whereas Markit/Caixin tracks around 420 companies concentrated near the coast

The Wall Street Journal has compared PMIs (back in a piece in late November):

It is normally out on the 21st of each month, but Bloomberg now have the story that the release has been suspended, as of this month

It is normally out on the 21st of each month, but Bloomberg now have the story that the release has been suspended, as of this month

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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