MNI;s China Business Sentiment Indicator is a gauge of current business confidence

  • Higher for new orders & output on the month
  • Recent fall in the yuan also underpinned sentiment

Says MNI:

  • Business conditions will likely continue to hold up
  • Alongside the increase in overall business sentiment, key activity indicators also pointed to a significant improvement during the month
  • Production Indicator rising to a thirteen-month high of 58.0
  • Companies expected increased activity to continue over the next three months