Chinese Economics Thread

[siegecrossbow]

Party in the PRC.

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[magmunta]

The third consecutive monthly decline in factory activities. Trade tensions are to be blamed mainly.

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[manqiangrexue]

The third consecutive monthly decline in factory activities. Trade tensions are to be blamed mainly.

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Which means absolutely nothing when the big chart is pulled up.

Meanwhile:

 

[CMP]

Which means absolutely nothing when the big chart is pulled up.

Meanwhile:

Thanks for reminding me why this poster is on my ignore list. I'm sick and tired of propagandists, peanut gallery, and cheerleaders pointing to cherry picked data points, intentionally not putting anything in context. Obviously with the intention of generating a certain response from the target audience.

 

[anamensis25]

Party in the PRC.

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Its me o Times just forget about Nvidia? Anyway, its better just avoid put attetion to western-made tier-lists

 

[Wrought]

Caixin PMI is back into positive territory, contrasting with official PMI.

The Caixin/S&P Global manufacturing PMI rose to 50.4 in June from 48.3 in May, surpassing analysts' expectations in a Reuters poll. The 50-mark separates growth from contraction. The reading contrasts with China's official PMI on Monday that showed factory activity shrank for a third straight month.

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Note that it's very normal for the two numbers to diverge, as they tend to measure different segments.

 

[sunnymaxi]

After years of lackluster IPO activity, Hong Kong is back on track to be the world's No. 1 listing destination. So far this year, there have been 41 initial public offerings in the city, Dealogic data show. At US$13.66 billion, offering proceeds have already surpassed the total sum raised during 2024.

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