The Traderszone Network

Published in TZ Latest News 21 December, 2015 by The TZ Newswire Staff

China "Suspends" Another Unofficial PMI Data Release To Make "Major Adjustment"

For the second time in two months, an economic data series that indicate drastically weak performance in China has been “suspended.” Having seen Markit/Caixin’s flash gauge of China’s manufacturing discontinued in October (having plunged notably divergently from the government’s official data), Bloomberg reports that the publishers of the alternative China Minxin PMI will stop updating the series to make a “major adjustment.”read more