German Businesses Assess China PMI Closely (correct)
(Corrects last name of guest in video.) China’s official factory gauge, the manufacturing purchasing managers index, stood at 50.1 in April, the nation’s statistics agency said Sunday. That is the second consecutive month the indicator has moved above 50, which indicates improving conditions. Mercator Institute For China Studies Research Associate Max Zenglein discusses what the numbers mean for Germany with Bloomberg's Guy Johnson on "Countdown."
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Full Show: Bloomberg Daybreak: Americas (02/16)
10:02 - Bloomberg Daybreak: Americas hosted by David Westin and Jonathan Ferro. Guests include Themos Fiotakis, co-head of FX and rates strategy at UBS, and Sebastien Galy, director of FX strategy at Deutsche Bank, Steve Young, chief financial officer at Duke Energy Corp., Mitch Daniels, president at Purdue University, Mark Cabana, head of U.S. short rates strategy at Bank of America Merrill Lynch, and Steve Rattner, chairman at Willett Advisers, Steven Ricchiuto, chief economist at Mizuho Securities, and Trey Parker, head of credit at Highland Capital Management, Nick Pinchuk, chief executive officer at Snap-On Inc., and Paul Hickey, co-founder at Bespoke. Willett Advisors is an investment manager for Michael R. Bloomberg and his philanthropic foundation. (Source: Bloomberg)