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  1. Latest PMI readings point to slowdown

    Posted Aug 02nd 2011, 12:00am

    ... in inflation. The PMI was at 50.7 for July compared with 50.9 in June- dropping for the fourth straight month- according to the China Federation of Logistics and Purchasing. A reading above 50 indicates ... China economist at Societe Generale, said the PMI figures show the limitation of Beijing's macroeconomic policies. 'Smaller manufacturers are much more vulnerable to the central ...

  2. Manufacturing PMIs conflict but economists see robust growth

    Posted Feb 02nd 2011, 12:00am by May Chan

    ... Managers' Index. The PMI, complied by the China Federation of Logistics and Purchasing on behalf of the National Bureau of Statistics, recorded a modest fall to 52.9 in January from 53.9 ... said. 'We believe this was largely attributable to the tighter credit conditions in China and the slower foreign demand.' Of the 11 sub-indices of the HSBC/Markit PMI, four showed ...

  3. Mainland factory growth slowest in nine months

    Posted Jun 02nd 2011, 12:00am

    ... monetary tightening. The purchasing managers' index (PMI) compiled by the China Federation of Logistics & Purchasing on behalf of National Bureau of Statistics sank for a third month to 52 ... banks must set aside when lending, remained on the radar, they added. 'The PMI brought more signs of moderation, but suggested growth is still robust,' BBVA Emerging Markets economist ...

  4. Manufacturing growth cools as anti-inflation measures bite

    Posted May 02nd 2011, 12:00am

    ... Denise Tsang Beijing's economic tightening measures have hurt growth in manufacturing activities, an official purchasing managers' index showed yesterday. The PMI, compiled by the China Federation of Logistics and Purchasing on behalf of the National Bureau of Statistics, declined 0.5 point to 52.9 last month from March, dragged down by a tighter credit regime ...

  5. Manufacturing output grows at sluggish rate

    Posted Apr 02nd 2011, 12:00am

    ... purchasing managers' index (PMI), considered a reliable leading indicator of economic activity, picked up to 53.4 last month from 52.2 in February, thanks to higher employment and higher output and export orders, the China Federation of Logistics and Purchasing said. The HSBC China PMI, also released yesterday, showed a reading of 51.8 for last month, slightly up from a seven-month low ...

  6. Mainland data helps power surge in stocks

    Posted Oct 25th 2011, 12:00am

    ... quarter', HSBC chief China economist Qu Hongbin said. 'Meanwhile, inflation components within the PMI results confirmed stable output prices growth and slower input price inflation. The data ... deteriorating manufacturing output for three consecutive months. By contrast, the official PMI compiled by the China Federation of Logistics and Purchasing together with the statistics bureau has shown ...

  7. Manufacturing growth slowing as cooling measures start to bite

    Posted Mar 02nd 2011, 12:00am by Denise Tsang

    ... Denise Tsang China's manufacturing growth slowed to a six-month low last month as tighter credit hurt demand. The purchasing managers' index (PMI) fell to 52.2 last month from 52.9 in January but remained in expansionary territory, or above the threshold of 50, according to a survey by China Federation of Logistics and Purchasing for the National Bureau ...

  8. Survey points to factory slowdown

    Posted Jul 22nd 2011, 12:00am

    ... twice-monthly survey of the purchasing managers' index, known as the 'flash PMI', fell to 48.9 earlier this month from 50.1 last month. A figure below 50 indicates manufacturing ... evidence suggested that recent bankruptcies of factories in the Pearl River Delta were triggered by tighter credit lending. HSBC chief China economist Qu Hongbin expected industrial growth would ...

  9. Manufacturing sector shrinks

    Posted Dec 02nd 2011, 12:00am

    ... Denise Tsang denise.tsang@scmp.com China's manufacturing sector shrank for the first time in 32 months on weakened overseas demand, adding weight to calls for further monetary easing. ... indicates contraction. On Wednesday night the People's Bank of China pared the reserve requirement ratio, the amount of funds banks must set aside when lending. Economists said ...

  10. Mainland economy starting to cool

    Posted Sep 04th 2011, 12:00am

    ... Toh Han Shih hanshih.toh@scmp.com In a sign that the world's second-largest economy is slowing down, the mainland's Purchasing Managers' Index (PMI) for the non-manufacturing sector fell two percentage points to 57.6 per cent in August from 59.6 per cent in July, according to the China Federation of Logistics and Purchasing (CFLP). A PMI above 50 per cent ...




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