The official PMI stood at 49.8 in August

Aug 31, 2026

10:11 am

What's the storyChina's manufacturing sector has witnessed a contraction for the second consecutive month, albeit at a lesser rate than market predictions.

The official Purchasing Managers' Index (PMI) stood at 49.8 in August, an improvement from July's 49.2 and above the forecast of 49.6 by Reuters-polled economists.