MNI BRIEF: Aug RatingDog China Mfg. PMI Rises Further Above 50

China's RatingDog manufacturing PMI, previously known as the Caixin manufacturing PMI, came in at 51.2 in September, up from August's 50.5, staying in the expansionary zone above the 50 mark for the second month, as rising new orders drove faster production growth, the publisher said on Tuesday.

The sub-indices for both demand and production remained in expansion territory, with new orders recording faster growth while rising inflows of new work underpinned the quickest rise in production in three months. The new export order sub-index returned to growth for the first time since March 2025.

RatingDog PMI mainly tracks SME manufacturers. The official PMI released on the same day, which typically covers large state-owned companies, registered 49.8 in September, slightly up from August's 49.4 reading.