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China January PMIs: Manufacturing 51.3 (vs. expected 51.5) & Non-manufacturing 52.4 (expected 55.0)

China’s China’s National Bureau of Statistics (NBS) official survey PMIs 
The PMI index of manufacturing sentiment hit a 38-month high of 52.1 in November last year. Its been above 50, and in ‘expansion’ for most of 2020 despite the pandemic impact. China’s policy of “internal circulation” (in a nutshell business buying locl inouts rather than imported where

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Date: January 31, 2021, 14:30