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ICYMI: China printed a miserable manufacturing PMI result for April, back into contraction

ICYMI: China printed a miserable manufacturing PMI result for April, back into contraction
China's National Bureau of Statistics (NBS) published April PMIs over the weekend. I posted the results here:Monday morning open levels - indicative forex prices - 01 May 2023But, ICYMI:As I said in that post:The manufacturing PMI back into contraction increases pressure on Chinese policy makers to provide a further boost to the economy. Indeed China's Politburo said back on Friday they recognise "weak momentum and insufficient demand" is holding back recovery.China Stats people (a spokesperson... Read More
Posted: Apr 30 2023, 20:15
Author Name: forexlive
Views: 081912

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