China March 2024 Official Manufacturing PMI 50.8 (expected 50.1) Services 53.0 (exp 51.5) ...Middle East

China has two primary Purchasing Managers' Index (PMI) surveys - the official PMI released by the National Bureau of Statistics (NBS) and the Caixin China PMI published by the media company Caixin and research firm Markit / S&P Global.The official PMI survey covers large and state-owned companies, while the Caixin PMI survey covers small and medium-sized enterprises. As a result, the Caixin PMI is considered to be a more reliable indicator of the performance of China's private sector.Another difference between the two surveys is their methodology. The Caixin PMI survey uses a broader sample of companies than the official survey.Despite these differences, the two surveys often provide similar

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China March 2024 Official Manufacturing PMI 50.8 (expected 50.1) Services 53.0 (exp 51.5) ...Middle East

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