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China's manufacturing PMI rebounds modestly

Source: Internet
Author: User
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Report (reporter Zhang) yesterday, China's Logistics and Procurement Association released August China Manufacturing Purchasing Managers Index (PMI) was 51.7%, the chain Rose 0.5%. HSBC's China manufacturing PMI also hit a 3-month high of 51.9% in August.　　This shows that the future slowdown in China is the trend, but should be able to avoid deep decline. Analysts Zhang Liqun that a small pick-up in the PMI index in August bodes ill for the Chinese economy.

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