Pantheon Macroeconomics

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31st Mar 2023 15:17China+, Weekly Monitor

  • The March official PMIs reveal that China’s recovery continues, albeit at only a medium pace.
  • Services and construction continue to lead the rebound, with manufacturing reviving more slowly.
  • Policymakers are likely to adopt a ‘wait and see’ approach, before considering a major policy shift.

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Keywords for: 3 Apr 2023 China+ Monitor

construction, manufacturing, March, pmis, policy, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence