» China: PMIs Point to Soft-Landing Decision Economics

China: PMIs Point to Soft-Landing

Posted October 5, 2011 by CLeahey

[private][private]China’s Purchasing Managers Indices support the notion that the economy’s cooling period is not evolving into a drastic slowdown. In fact the indices have rebounded; in September they rose for the second consecutive month from what would appear to be a cyclical low in early summer.
It is clearly too early to declare success in the government’s efforts to engineer a soft-landing of the economy, but these figures are certainly constructive, particularly given the data limitations that exist around the Chinese economy.

10-3-11–EMG INDICATORS AND INSIGHTS _China’s PMIs_[/private][/private]