China NBS manufacturing PMI to fall to 49 in January – Barclays

The Barclays Research Team offers a sneak peek at what to expect from Thursday’s China’s manufacturing PMI report due to be published by the National Bureau of Statistics (NBS) at 0100 GMT.

Key Quotes:

“We expect the NBS manufacturing PMI to fall to 49 in January from 49.4 in December due to production disruptions ahead of the Chinese New Year holidays, softer external demand and the lagged effect of the weak credit impulse.”