These Chinese PMIs come from the National Bureau of Statistics (NBS).

For August 2025:

Manufacturing PMI 49.4

• expected 49.5, prior 49.3

Non-Manufacturing PMI 50.3

• expected 50.3, prior 50.1

Composite 50.5

• prior 50.2

more to come

—

Earlier big news:

• US Federal Appeals court rules that most of Trump’s tariffs are illegal

The legal fight is not over (see the post) but perhaps China will just wait it out on tariffs.

This article was written by Eamonn Sheridan at investinglive.com.

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