The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 
China Center Chart of the Week: China’s manufacturing PMI should be taken with a growing grain of salt

This China Center members-only chart shows the performance of China’s official manufacturing Purchasing Managers’ Index (PMI) since January 2010, along with its major subcomponents. In April the index decreased to 50.6, from 50.9 in March, leading many observers to asses a deceleration in what was previously considered an ongoing manufacturing rebound. While the sector does appear to have a bit of momentum, it’s important to more fully explicate the signals the PMI is currently sending. Furthermore, due to the myriad caveats surrounding the proper interpretation of PMI data, we urge members to view this index with great caution, and not use it as a key input to business planning assumptions.

For the full explanation, please download the document.



Supply Chain Due Dilligence Slides

Supply Chain Due Dilligence Slides

July 19, 2021 | Publication

Global Supply Chains: Compete, Don't Retreat

Global Supply Chains: Compete, Don't Retreat

July 09, 2021 | Committee for Economic Development

China View: Expect modest slowdown in the 2H

China View: Expect modest slowdown in the 2H

June 30, 2021 | China Center Publications





Support Our Work

Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.