Activity in the mainland's services industry rose to a four-month high last month, a private survey showed yesterday, even as persistent weakness in manufacturing has reinforced fears of a sharper-than-expected economic slowdown.Friday, 4 April, 2014, 12:41am
Manufacturing gauges pointed to weakness in China that could prompt Beijing to roll out additional support measures. A purchasing managers' index fell to 48 last month, the lowest reading since July last year, from 48.5 in February, HSBC and Markit Economics said yesterday.2 Apr 2014 - 5:05pm 7 comments
The purchasing managers' index from HSBC and Markit Economics dropped to a seven-month low of 48.5, they said yesterday. A similar gauge from the government with a larger sample size fell to 50.2, the lowest since June, a report showed at the weekend. Numbers above 50 signal expansion.4 Mar 2014 - 1:58am
Growth in China’s services sector fell to a four-month low last month as business expectations dropped, a government survey showed, adding to evidence that the world’s second-largest economy lost steam into the close of the year.3 Jan 2014 - 12:01pm
Growth in activity in China’s vast factory sector slowed to a three-month low in December as reduced output offset a pickup in new orders, a preliminary private survey showed on Monday, in line with other recent data pointing to a resilient but slowing economy.16 Dec 2013 - 2:27pm
China’s official purchasing managers’ index (PMI) for the non-manufacturing sector eased slightly to 56 last month from 56.3 in October, the National Bureau of Statistics (NBS) said on Tuesday.3 Dec 2013 - 11:14am
Chinese manufacturing activity expanded at a slightly slower rate last month, supported mainly by domestic demand, a private survey for HSBC reported on Monday.
HSBC’s final purchasing managers index (PMI) stood at 50.8, the second-highest reading in eight months, despite easing marginally from October’s 50.9, the bank said.2 Dec 2013 - 12:43pm 1 comment
China’s manufacturing sector grew at the fastest pace in 18 months in October, official data showed on Friday, adding to signs of a stabilisation in the world’s No 2 economy as the government readies a series of key economic reforms.
A private survey by HSBC/Markit released shortly afterwards also provided evidence of a rebound.1 Nov 2013 - 4:58pm
China’s manufacturing growth edged up only slightly in September, official data showed on Tuesday, with small firms struggling in the face of overcapacity and weak demand, adding to concerns a nascent economic recovery may be foundering.1 Oct 2013 - 12:24pm
China’s factory sector grew in September after rising foreign orders made up for a subdued domestic market, a private survey showed, suggesting Asia’s economic powerhouse is starting to turn the corner, though a firm rebound remains elusive.30 Sep 2013 - 10:55am
Activity in the mainland's service sector expanded modestly last month, but the pace of growth was little changed from April, a private survey showed yesterday, adding to worries about slowing momentum.
Meanwhile, a parallel survey for Hong Kong's private sector showed business activity in the city contracted last month as new orders fell.6 Jun 2013 - 2:23am
The credit risks faced by exporters are mounting even as trade data suggests a spike in mainland exports since the beginning of the year. Local manufacturers complain that it is taking much longer to collect bills as the appreciation of the yuan and rising costs add to the pressure on overseas buyers, especially those from Europe, who have increased the settlement period from one month to three months.18 May 2013 - 3:33am
The mainland's service industries expanded at a slower pace last month, adding to the drag on growth in the world's second-biggest economy after manufacturing lost momentum.4 May 2013 - 4:55am
Beijing may be prompted to roll out more pro-growth steps but drastic stimulus plans seem unlikely. Mainland political leaders said at a recent Politburo meeting that they saw a need to "strengthen the momentum of economic growth", but cautioned against financial risks.3 May 2013 - 4:22am
The sustainability of the mainland's economic recovery is in doubt after the official purchasing managers' index revealed a slowdown in the growth of manufacturing last month as new orders weakened.2 May 2013 - 2:35am