Beijing’s Economic Barometer Falls Short On January 27th, 2025, the National Bureau of Statistics (NBS) reported that China’s Manufacturing PMI dropped to 49.1, signaling a contraction in factory activity. This reading fell significantly short of both the previous figure of 50.1 and market forecasts, also set at 50.1. The unexpected

Introduction On January 27, 2025, China’s industrial sector offered a glimmer of hope for its financial landscape as recently released figures show industrial profits declining by 3.3%, an improvement over the previous 4.7% contraction. This marginal recovery, which outperformed the forecasted decline of 5%, might not significantly impact China’s economy

China’s Manufacturing Under the Spotlight The latest release from China’s National Bureau of Statistics (NBS) indicates a slight yet significant decline in the General Purchasing Managers’ Index (PMI), dropping from 52.2 to 50.1. While this figure remains above the contraction threshold, it highlights a deceleration in China’s manufacturing sector, falling