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China’s Efforts to Boost Its Slowing Economy in 3Q15
In an attempt to prop up its slowing economy, on October 23, the PBoC cut its one-year benchmark bank lending rate by 25 basis points to 4.35%.
China’s MNI Business Sentiment Fell in May
China’s MNI Business Sentiment Indicator fell to 50.0 in May from 50.5 in April. The fall in new orders was offset by an increase in production.
Why China’s MNI Business Sentiment Weakened Further in February
China’s MNI business sentiment indicator fell to 49.9 in February from 52.3 in January.
Caixin China Composite PMI: Reduced Business Activity in December
The Caixin Composite Output Index stood at 49.4 in December, below the neutral 50.0 value and also down from November’s reading of 50.5.
China’s MNI Business Sentiment Rose in December 2015
China’s MNI Business Sentiment Indicator rose 5.6% to 52.7 in December—above the neutral level of 50 and also higher than November’s reading of 49.9.