China RatingDog PMI Rises to 51.5, but Price Cuts Expose Competitive Pressure

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China’s private manufacturing sector strengthened in August, with RatingDog China General Manufacturing PMI rising from 50.9 to 51.5, a two-month high and ninth consecutive reading above 50. New orders increased for a 15th straight month, the longest expansionary sequence since 2018, while growth accelerated above its long-run average. New export orders also rose at their […]The post China RatingDog PMI Rises to 51.5, but Price Cuts Expose Competitive Pressure appeared first on ActionForex.