Capital Market

August Macro Economy Recap

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China official PMI slipped into contraction territory while an unofficial survey pointed to an expansion for the first time in 17 months. The government’s manufacturing Purchasing Managers’ Index (PMI) came in at 49.9 in July, versus the 50.0 in June. Whereas the unofficial reading expanded rose above the key 50 level for the first time since February 2015. The […]

Capital Market

July Macro Economy Review

Posted on

China exports fell 4.8% in June from same month a year ago by USD terms,  compared to a 4.1% year on year drop in May, according to data released by the General Administration of Customs. Imports dropped 8.4% year on year in June, compared with 0.4% year on year drop in May, the data showed. Trade surplus shrank 4% to USD48.1 […]