World Economic outlook - Chinese Manufacturing PMI outlook august 2012 : The Chinese Manufacturing Purchasing Manager’s Index (PMI) has fallen again in August to 47.8 based on preliminary figures, and Chinese inventory levels are said to be the highest on record. A PMI under 50 is taken as a signal of manufacturing contraction, whereas a PMI of over 50 is taken as a signal of manufacturing expansion. Chinese growth is now said to have fallen for six consecutive quarters.
Chinese Manufacturing PMI report 9/1/2012
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