The other Chinese PMI, the Caixin Manufacturing PMI, hammered expectations as it unexpectedly slumped back into contraction.Falling from 50.2 in May to 49.4 in June, the Cixin PMI – which differs from the official, NBS report by shifting away from SOEs and large enterprises and instead focusing on small and medium businesses…..
https://www.zerohedge.com/news/2019-06-30/china-slumps-full-blown-manufacturing-contraction-following-awful-asian-pmi-prints
