Opinion: China’s Economic Stability on the Horizon

Although the official measurement of China’s manufacturing activity remained below a key threshold in August, economic sentiment has shown signs of improvement. Supply and demand are picking up, and businesses across sectors are experiencing growth.

The August Manufacturing Purchasing Managers’ Index (PMI) released by the National Bureau of Statistics rose 0.4 of a point from July to 49.7. A reading above 50 signals expansion, and lower numbers indicate contraction.