Is China’s Manufacturing Sector Headed Toward Recession? — 24/7 Wall St.

Part of nation’s economy can’t go into recession, by definition. However, a huge sector of China’s economy appears ready to hit negative growth (an odd term for contraction). The new Caixin China General Manufacturing PMI for August registered 50.6. A number of 50 means growth is neutral. Below that, this part of China’s economy is…

via Is China’s Manufacturing Sector Headed Toward Recession? — 24/7 Wall St.

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