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[CN] China's April PMI: Caixin at a five-year high, services in contraction
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[CN] China's April PMI: Caixin at a five-year high, services in contraction

Macro Soup Newsroom Macro Soup Newsroom 3 min read

Caixin manufacturing PMI hit a five-year high of 52.2 in April; non-manufacturing fell to 49.4. The factory sector is outperforming. Services are not.

China's official PMI data for April 2026
Illustrates the mixed PMI signals with manufacturing resilience and services contraction, key to the article's focus on economic divergence. Source

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