China Loses Another Economic Indicator as Minxin Suspends PMI

  • Minxin was new kid on block after flash Caixin PMI scrapped
  • Spokesperson for academy didn't detail why indicator suspended

Publishers of the China Minxin purchasing managers index said they will stop updating the gauge of manufacturing to make a "major adjustment" to their calculations, dealing a second setback in recent months to investors looking for an early read on the economy.

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