CHN - China's Economic Growth: Stimulus Working
China has been a major contributor to global growth, and its economic activity tends to have significant repercussions for the global economy. To understand where the Chinese economy is in its growth cycle, the two charts below are perhaps the only charts one needs.
Chinese Economy Health Check: PMIs
Source: Bloomberg. Data as of November 30, 2019. Data for Caixin Manufacturing PMI was not available prior to December 2016. Past performance is no guarantee of future results. Chart is for illustrative purposes only.
Purchasing managers' indices (PMIs)1 are a better indicator of the health