China PMI | South China Morning Post
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  • Mar 5, 2015
  • Updated: 4:02pm

China PMI

China services activity picks up in March

Services made up 46.1 per cent of gross domestic product last year, having overtaken manufacturing as China’s biggest employer in 2011. Photo: Xinhua

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

China PMI edges up to 50.3

The HSBC/Markit survey showed the Purchasing Managers' Index fell to 48 last month, the lowest reading since July. Photo: Reuters

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

Growth a challenge as key China manufacturing indices fall

The HSBC final manufacturing PMI for last month fell further below the line between expansion and contraction. Photo: EPA

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

China services sector growth slows, PMI shows

The dip in the services PMI echoes that in the manufacturing PMI reported earlier this week. Photo: Xinhua

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

China’s HSBC flash PMI sinks to three-month low, but rebound signals stay

Chinese shoppers walk past mannequins outside a mall in Beijing. Retail sales grew at their strongest rate this year, suggesting the economy is on track to achieve the government's target of 7.5 per cent growth. Photo: AFP

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 services PMI eases slightly from October

China’s services industry contributed 45 per cent of gross domestic output last year. Photo: AFP

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

HSBC final PMI for China edges down from October

The final reading of 50.8 is well up from the preliminary figure of 50.4 that HSBC gave on November 21. Photo: Reuters

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

Growth in China's factory sector speeds up, driven by new orders at big firms, PMI shows

The private HSBC survey showed a surprise jump in new export orders, especially from the United States. Photo: Reuters

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

Small firms lag as official China PMI edges up

While new orders rose, the minimal increase in the PMI dampened hopes of a stronger economy. Photo: Reuters

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

HSBC final China PMI edges up to 50.2, as domestic demand stays subdued

Domestic orders proved to be weaker than preliminary estimates suggested. Photo: Reuters

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

China HSBC May services PMI grows modestly after soft patch

The mainland's manufacturing PMI rose slightly in May to 50.8 from 50.6 in April. The services sector PMI also rose slightly. Photo: EPA

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

China exporters at risk as buyers delay paying

Mainland exports grew 17 per cent in the first four months, although observers cast doubts over the accuracy of the figures. Photo: Reuters

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

Slower growth in China services as PMI falls in April

Growth in mainland services has slowed. Photo: Natalie Behring

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

Growth slows for China's manufacturers, PMI shows

Growth slows for manufacturers in weak recovery

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

Fall in China PMI fuels pessimism

Mainland factories have been losing momentum. Photo: AFP

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