China’s August Manufacturing PMI 49.7 (expected 49.4; last 49.3) and Non-Manufacturing PMI 51.0 (expected 51.1; last 51.5)
China’s Manufacturing PMI improved in August but remained in contractionary territory while Non-Manufacturing PMI decelerated again, reflecting slowing growth.
U.S. Commerce Secretary Raimondo said that some specific issues were not resolved during her trip to China, but she held constructive meetings with Chinese officials.