The slump in the Caixin manufacturing PMI reading in January to its lowest since February 2016 paints a much bleaker picture than the official PMI reading released yesterday. With the headwinds from cooling global growth and the lagged impact of slower credit growth set to intensify, China’s economy is likely to weaken further over the coming months.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services