…the China PMI chart, Official China stats vs HSBC/Markit stats:
That’s because HSBC/Markit has just released its October 2012 figure of 49.1, the best for three months and a distinct signal of improvement (from bad to less bad, rather than to good) over there. The chart comes from Also Spracht Analyst’s complete post right here and you’re warmly encouraged to click through to read more, with other visuals on offer and a full explanation of that above chart.
Like metals? Get smarter about China.