Economic calendar in Asia 31 August 2023 – China August PMIs (any green shoots?)

<p>PMIs from China's National Bureau of Statistics (NBS) are the data focus today. China's official Manufacturing PMI is expected to have contracted for the fifth month in a row. The Non-Manufacturing PMI is expected to have slipped a little from July. </p><p>Its not all bad news from China's economy though, there are green shoots:</p><ul><li><a href="https://www.forexlive.com/news/oil-china-weekly-flights-are-13-above-pre-covid-levels-20230829/" target="_blank" data-article-link="true">Oil – China weekly flights are 13% above pre-COVID levels</a></li><li><a href="https://www.forexlive.com/news/in-h1-of-2023-chinese-auto-exports-were-up-757-yy-20230828/" target="_blank" data-article-link="true">In H1 of 2023 Chinese auto exports were up 75.7% y/y</a></li></ul><ul><li><a href="https://www.forexlive.com/news/chinas-economy-isnt-as-bad-as-the-mood-suggests-growth-moving-in-the-right-direction-20230830/" target="_blank" rel="follow" data-article-link="true">China’s economy isn’t as bad as the mood suggests, growth moving in the right direction</a></li></ul><ul><li>
This
snapshot from the ForexLive economic data calendar, <a href="https://www.forexlive.com/EconomicCalendar">access
it here</a>.</li><li>
The
times in the left-most column are GMT. </li><li>
The
numbers in the right-most column are the 'prior' (previous
month/quarter as the case may be) result. The number in the column
next to that, where there is a number, is the consensus median
expected.</li></ul><ul><li>
I’ve
noted data for New Zealand and Australia with text as the similarity
of the little flags can sometimes be confusing.</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.