Chinese Economy Defies New U.S. Tariffs with Robust Growth Indicators
Despite fresh 100% U.S. tariffs, recent PMI and GDP data show China’s economy gaining steam, driven by domestic demand and revised forecasts.
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Despite fresh 100% U.S. tariffs, recent PMI and GDP data show China’s economy gaining steam, driven by domestic demand and revised forecasts.
August data shows China’s industrial value added rose 5.2% year-on-year, led by high-tech gains, while service sector growth hit 5.6%, keeping the economy on a steady path.
The Chinese mainland’s manufacturing PMI nudged up to 49.4 in August, driven by production gains and slight order improvements, hinting at stabilizing business sentiment.
Chinese mainland’s manufacturing PMI dipped to 49.0 in April, signaling slight contraction but sparking cautious optimism among factory managers and global markets.
China’s manufacturing PMI climbed to 50.5 in March, signaling expansion and steady growth in the sector.
Official March data reveals a 50.5 PMI for the manufacturing sector in the Chinese mainland, signaling modest expansion amidst global economic challenges.
China’s economic recovery accelerated in February as PMI data for both manufacturing and non-manufacturing sectors entered expansion territory, signaling robust growth.
The Chinese mainland’s manufacturing PMI reached 50.2 in February, signaling a return to expansion driven by post-holiday production resumption.
The Chinese mainland’s factory activity expanded for the second consecutive month in November, with the manufacturing PMI rising to 50.3, indicating ongoing economic recovery and growth.
The Chinese mainland’s manufacturing PMI rises to 50.1 in October, marking the second consecutive month of growth and signaling robust economic recovery.