FX.co ★ China RatingDog Composite PMI Rises to 3-Month Peak

The RatingDog China General Composite PMI experienced an uptick to 51.6 in January 2026, improving from 51.3 the month before. This figure represents the highest level since October and signifies the eighth consecutive month of growth in private-sector activity. Both the manufacturing and services sectors saw an acceleration in output growth. There was a swifter increase in total new business, fueled by a renewed surge in overseas demand. The stronger influx of new orders encouraged companies to recommence hiring efforts, which in turn aided in alleviating the volume of outstanding business. Additionally, composite output charges rose for the first time in 14 months, reflecting ongoing increases in input costs; however, the rate of cost inflation showed signs of easing compared to December.