PMI
Macro
China’s Private Sector Factory Surge Hits Five-Year High as Divergence With Official Data Widens
Caixin PMI jumps to 52.1 in February, fastest expansion since December 2020, while state data shows contraction—a split that complicates PBOC policy calculus and signals uneven recovery.
Geopolitics
Macro
China’s Services Sector Hits 33-Month High While Western Peers Stall
February PMI surge to 56.7 signals consumption resilience despite property crisis, widening gap with manufacturing-led slowdowns across US and Europe.