China’s manufacturing PMI up in August

Beijing Review | Aug 31, 2022 at 2:00 AM
  • Some major industries kept expanding.
  • The index of the consumer goods production rose from 51.4 in July to 52.3 this month, and that of the equipment and high-tech manufacturing sectors stood at 50.9 and 50.6, respectively.
  • A reading above 50 indicates expansion, while a reading below reflects contraction.