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cizzzzk 发表于 2014-5-23 16:36 
If pmi is under 50, it means next month situation is worse than this month. Only when this value is ...
You misunderstand the concept of PMI. A PMI of more than 50 represents expansion of the manufacturing sector, A reading under 50 represents a contraction.
Yes, it's still under 50 which means China manufacturing sector hasn't expanded, but the figure is 5 month high, which means though China manufacturing sector is not good at moment, it has been improving over the months. |
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