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  1. Business - Economy - CHINA

    Latest China PMI shows economy is stabilising

    Posted Oct 25th 2012, 12:00am by JANE CAI

    ... China PMI shows economy is stabilising Manufacturing on the mainland likely improved this month from the past two months although continuing to contract, adding to signs the world's ... of growth. "October's flash PMI reading continues to recover for the second month, thanks in part to a gradual improvement in new orders," Qu Hongbin, chief China economist at HSBC, ...

  2. China gains steam in manufacturing

    Posted Mar 02nd 2012, 12:00am

    ... Denise Tsang denise.tsang@scmp.com China's manufacturing activity improved better than expected last month, but economists say more monetary loosening is needed to sustain the positive trend. The purchasing managers' index (PMI) compiled by the China Federation of Logistics and Purchasing on behalf of the National Bureau of Statistics, edged up to 51 from 50.5 ...

  3. Manufacturing shrinks, with PMI at 7-month low

    Posted Jun 22nd 2012, 12:00am

    ... such as fast-tracking investment projects. The HSBC Flash China Manufacturing Purchasing Managers' Index (PMI) fell to a seven-month low of 48.1, based on data collected from June 11 to 19. The HSBC China Manufacturing PMI was 48.4 in May. A PMI below 50 indicates contracting manufacturing activity, while a reading above 50 indicates expansion. The Shanghai Stock Exchange Composite Index fell 1.4 per ...

  4. PMI flatlines, raising hopes of policy boost

    Posted Aug 02nd 2012, 12:00am

    ... index rose from 48.2 in June to 49.3 last month. 'The PMI showed signs of stabilising in July, suggesting pro-growth measures have started to show effect,' China International Capital ... purchasing managers' index (PMI) fell from 50.2 in June to 50.1 last month, driven by declines in new orders, production and employment. The reading released yesterday by the National Bureau ...

  5. Business - Economy - ECONOMICS

    Chinese factories bouncing back, positive PMI shows

    Posted Nov 02nd 2012, 12:00am by Victoria Ruan

    ... of Statistics, which hit 50.2, up from 49.8. A figure above 50 indicates expansion, while below 50 indicates contraction. The HSBC purchasing managers index for China rose to an eight-month high of 49.5 ...

  6. PMI decline reflects step back in sector's advances

    Posted Jun 02nd 2012, 12:00am

    ... measures. The purchasing managers' index (PMI), compiled by the China Federation of Logistics and Purchasing on behalf of the National Bureau of Statistics, declined to 50.4 last month ... priority on stabilising economic growth while fine-tuning further macro economic policy in accordance with the latest global economic conditions. The slowdown in China's PMI affected early ...

  7. 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 ...

  8. Index another boost for manufacturing

    Posted May 03rd 2012, 12:00am

    ... Denise Tsang Denise.tsang@scmp.com China's sluggish manufacturing sector improved further last month, with the privately commissioned purchasing managers' index (PMI) edging closer to expansionary territory. The PMI, a monthly indicator of business conditions surveyed by HSBC/Markit Economics, climbed to 49.3 from 48.3 in March, even though it remained in contraction ...

  9. Factory production falls for 8th straight month

    Posted Jul 03rd 2012, 12:00am

    ... Bureau of Statistics and the China Federation of Logistics and Purchasing, which shows manufacturing activity is growing. The official PMI, published on Sunday, dropped to 50.2 from 50.4 in May. ... environment amid weaker external demand. The HSBC Purchasing Manager's Index (PMI) fell to 48.2, down from 48.4 in May. A PMI reading above 50 indicates growth in manufacturing activity, while ...

  10. Flagging growth at mainland factories

    Posted Jul 02nd 2012, 12:00am

    ... in the second half as stimulus measures kick in. The purchasing managers' index (PMI) edged down to 50.2 in June, from 50.4 in May, according to the National Bureau of Statistics and the China Federation of Logistics and Purchasing. It was 50.3 in December. A PMI reading of above 50 indicates growth in manufacturing activity, while a reading of below 50 indicates a contraction. ...




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