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, we highlight a few key charts below, which may also provide context for the impact of the coronavirus.
Chinese Economy Health Check: PMIs
Bloomberg. Data as of March 31, 2020. Past performance is no guarantee of future results. Chart is for illustrative purposes only.
We believe purchasing managers' indices (PMIs)1 are a better indicator of the health of the Chinese economy