UOB Group’s Economist Ho Woei Chen reviews the latest set of data releases in the Chinese economy.
Key Takeaways
“Better-than-expected manufacturing and non-manufacturing PMIs indicate that China’s economic recovery continued to gain traction in Mar, led by the services sector while the manufacturing sector may hold up stronger than initially thought.”
“Nonetheless, the components of the PMIs suggest that there remains weakness in the economic recovery. Employment in both the manufacturing and nonmanufacturing sectors contracted in Mar while the decline in output/ selling prices may indicate demand weakness and weak profitability. Furthermore, softening external demand and geopolitical tensions continue to pose risk to China’s manufacturing sector.”
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
暂无评论，立马抢沙发