China Manufacturing PMI’s Diverge

Looks like both are topping out, the official in an ugly way. We will see whether the official one will again lead the unofficial one.

Chart 1. China Federation of Logistics & Purchasing and National Bureau of Statistics PMI / HSBC China Manufacturing PMI

Source: Bloomberg

This entry was posted on Tuesday, March 2nd, 2010 at 7:11 pm and is filed under Markets. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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