China’s economic performance continues to disappoint the world. The Caixin manufacturing and service PMIs were both lower than 50 in December, indicating pessimism in business circles about 2016. On top of that, expectations of a devaluation of the RMB are mounting in the offshore market. This year will be likely to be the most difficult for the Chinese economy since 1998.
中國的經濟表現依然讓世界感到失望。2015年12月財新中國制造業(yè)采購經理人指數(Caixin manufacturing PMI)和服務業(yè)采購經理人指數(Caixin service PMI)均低于50，表明企業(yè)界對2016年感到悲觀。除此之外，離岸市場對人民幣貶值的預期正在上升。今年可能將是中國經濟自1998年以來最困難的一年。
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