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General TradingC
Caixin Manufacturing PMI
The Caixin Manufacturing PMI is a monthly economic indicator measuring the health of China's manufacturing sector, compiled by S&P Global and sponsored by Caixin Media. A reading above 50 indicates expansion, while below 50 signals contraction, and it focuses more on small and medium-sized private enterprises. Traders use this data alongside the official NBS PMI to gauge economic momentum in the world's second-largest economy.
Example
“Commodity prices jumped after the Caixin Manufacturing PMI beat expectations with a reading of 51.8, signaling renewed factory activity in China.”