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Greater China daily macro notes

China PMI Beats as Factory Contraction Eases (08/31/2026). AI-generated Greater China daily notes: PBoC, yuan, Mainland and Hong Kong markets. Free. Updated on China business days.

NBS manufacturing PMI rose to 49.8 in August, beating consensus of 49.7 and prior 49.2, signaling slower contraction in mainland China factory activity.Non-manufacturing PMI held at 49.0, missing expectations, while equity markets showed mixed performance with CSI 300 down 0.46% and TAIEX up 0.77%.PBOC set USD/CNY central parity at 6.7828, slightly weaker, amid renewed calls for yuan revaluation from global policymakers.

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