China Manufacturing PMI Lower Than Expected in January

The video discusses the shift from the old to the new economy, focusing on January's manufacturing PMI, which is slightly below expectations but still indicates expansion. The nonmanufacturing sector shows improvement, driven by services and construction. Historical PMI trends since 2008 are analyzed, highlighting differences between SMEs and state-owned enterprises. The video concludes with a reflection on the current economic indicators.

What does a PMI above 50 generally indicate?

• Economic contraction

• Economic expansion

• Economic stagnation

• Economic recession

Which component is included in the non-manufacturing PMI?

• Retail

• Agriculture

• Mining

• Construction

How did the non-manufacturing PMI for January compare to December's?

• It was not reported

• It was the same

• It was higher

• It was lower

What does the Daishin PMI version focus on?

• Foreign enterprises

• Small to medium-sized enterprises

• State-owned enterprises

• Large enterprises

What recent trend is observed in the PMI data for SMEs and state-owned enterprises?

• Both are increasing

• Both are decreasing

• SMEs are decreasing, state-owned are increasing

• SMEs are increasing, state-owned are decreasing