Manufacturing Resilient Despite Lower PMI Figure

China kicks off 2026 with a tight rein: manufacturing PMI falls again - Economic Scenarios

We're starting the new year with a cough straight from Beijing. If anyone was hoping for a 2026 marked by China's recovery, the recently released official data from the National Bureau of Statistics (NBS) are a cold, or at least tepid, shower for global markets. China's manufacturing PMI fell to 49.3 in January, from 50.1 in December, a dire sign according to leading indicators . For those who aren't familiar with statistics, remember that the 5…

Manufacturing resilient despite lower PMI figure

China's manufacturing sector displayed resilience in January, with production and high-tech industries remaining in expansion mode, even as overall factory activity slipped back into contraction zone amid seasonal factors, official data showed.

China January official manufacturing PMI drops to 49.3

Alibaba stock slips into Monday: China PMI shock and AI chip access are the next tests

New York, Feb 1, 2026, 11:23 (EST) — Market closed. Alibaba Group Holding’s shares listed in the U.S. (BABA) dropped 2.7% Friday, closing at $169.56. The stock continued its decline for a second day as investors weighed fresh risks from China and the U.S. Trading volume hit roughly 10.8 million shares. (Nasdaq) Why it matters now: Chinese demand-sensitive stocks are back under the spotlight after the official manufacturing PMI slipped to 49.3 in…