The services and composite PMI from Caixin in China will wrap up the April PMIs from China. Earlier:China April 2024 Official Manufacturing PMI 50.4 (expected 50.3) Services 51.2 (exp 52.2)China April Caixin manufacturing PMI 51.4 (expected 51.0)All solidly in expansion, the same is expected from the data today. ***China has two primary Purchasing Managers' Index (PMI) surveys - the official PMI released by the National Bureau of Statistics (NBS) and the Caixin China PMI published by the media company Caixin and research firm Markit / S&P Global.The official PMI survey covers large and state-owned companies, while the Caixin PMI survey covers small and medium-sized enterprises. As a result,
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