Decline in China's PMI may have overstated manufacturing slowdown

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters

The decline in China's PMI might have overstated the real manufacturing slowdown in the country even taking into account weaker domestic demand since September, said Credit Suisse analysts. Special government-sponsored PMI that more evaluates situation in large-state companies is likely to indicate less drastic fall than reported on Wednesday, added Dong Tao, Credit Suisse analyst.

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