Flash China General Manufacturing PMI™ at 47.1 in August (47.8 in July). 77-month low.- Flash China General Manufacturing Output Index at 46.6 in August (47.1 in July). 45-month low.
Nothing positive in this report. New orders, domestic or export, are declining at a faster rate. Actually, Japan’s flash PMI survey reported reduced sales volume with China. Not a slowdown, rather an absolute decline.
