On Saturday we had the first round of Chinese PMIs for August:China August Manufacturing PMI 49.1 (expected 49.5), Services 50.3 (expected 50.0)manufacturing PMI has fallen for six months in a row49.1 is a six-month low factory gate prices were their lowest in 14 months (42.0, sharply down from already weak 46.3 in July)the sub indexes for new orders and new export orders remained in contractionthe employment sub index was also weak the non-manufacturing PMI rose to 50.3 from 50.2 in July 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 rese
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