Jump to content
House Price Crash Forum
Sign in to follow this  

China Suspends Pmi Details In New Hurdle For Analysis: Economy

Recommended Posts


China suspended the release of industry-specific data from a monthly survey of manufacturing purchasing managers, with an official saying there’s limited time to analyze the large volume of responses.

“We now have 3,000 samples in the survey, and from a technical point of view, time is very limited -- there are many industries, you know,” Cai Jin, vice president of the China Federation of Logistics & Purchasing, which compiles the data with the National Bureau of Statistics, told reporters yesterday in Beijing.


Economists in a May survey by Bloomberg News said January-April export growth was overstated by 4 to 13 percentage points, while Bank of America Corp. estimated the trade surplus for the period was one-tenth the official figure. Shen Danyang, a Commerce Ministry spokesman, said last month that data on trade with Hong Kong were inflated by arbitrage transactions that skirted rules.


Earlier this week, a person involved in producing PMI data on China’s steel industry said that the release was suspended after the statistics bureau decided to change how the figures are compiled.

Damned statistics.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 242 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.