China Manufacturing PMI (July 2025) 49.3 (vs. 49.7 expected)

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These Chinese PMIs come from the National Bureau of Statistics (NBS). For July 2025:Manufacturing PMI disappoints by slipping further into contraction at 49.3expected 49.7, prior 49.7Non-Manufacturing PMI 50.1, in expansion still but only barelyexpected 50.3, prior 50.5Composite 50.2prior 50.7--- Earlier:Chinese state media says some deep seated & structural problems in trade talks with US--Over the next few days we'll get the 'unofficial' Caixin/S&P manufacturing and non-manufacturing PMIs for July. The official and unofficial PMIs are quite different. I posted here earlier on how they are different and why both are useful:Economic calendar in Asia Thursday, July 31, 2025 - BoJ interest rate decision, China PMIs This article was written by Eamonn Sheridan at investinglive.com.