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  • The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) came in at 48.3 in January, compared to 49.7 in December. Analysts polled by Reuters had expected the Caixin PMI to be 49.5 last month.
  • It was the second-consecutive month of contraction and the lowest reading since 2016.

OTHER NEWS

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The ongoing trade dispute between Washington and Beijing is as much about the South China Sea and Taiwan as it is about China’s technological practices, according to the University of Arizona’s Jeffrey Kucik. A lasting resolution to the trade war could require multiple compromises on these areas, he argued. Others warn that foreign policy matters […]

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