China's PMI

Non-manufacturing sector rises at fastest pace in four months in China

Non-manufacturing sector rises at fastest pace in four months in China

The mainland's non-manufacturing industries expanded last month at the fastest pace in four months, adding to the signs of economic recovery.

Friday, 4 January, 2013, 2:48am

China data pushes European shares to 2-week highs

An employee walks past columns of steel as she works at a steel production factory in Wuhan. Photo: Reuters

European shares hit a two-week high on Thursday as Chinese economic data gave a further sign of recovery, encouraging investors to put more money into stocks.

22 Nov 2012 - 9:05pm

Latest China PMI shows economy is stabilising

Orders are up for China's factories. Photo: Reuters

Manufacturing on the mainland likely improved this month from the past two months although continuing to contract, adding to signs the world's second-largest economy is stabilising.

The purchasing managers' index (PMI), a leading economic indicator, hit a three-month high of 49.1 this month, a preliminary reading by HSBC and Markit Economics showed yesterday.

8 May 2015 - 9:46am

China HSBC flash PMI ticks up from August low

A worker assembles a television set along an assembly line in a Shenyang factory, in Liaoning province. Photo: EPA

Manufacturing activity in China stabilised in September after hitting a 9-month low in August, even though output dipped to its lowest level in 10 months, a factory survey showed on Thursday.

29 Aug 2013 - 4:13am

Mainland PMI data adds to weakness fears

Mainland PMI data adds to weakness fears

The mainland economy is showing further signs of slowing as manufacturers grapple with dwindling overseas and domestic orders, fuelling concerns of lay-offs by employers in the absence of a fresh stimulus package.

4 Sep 2012 - 3:07am

Worries as debts start to mount

A steel manufacturing plant in Anhui province. Officials in Beijing are becoming concerned about rising industrial debt. Photo: Reuters

Beijing is getting increasingly nervous about the rapid build-up of debt in industries such as steel and power, as cooling demand and overcapacity cause delays in payments amid the slowest economic growth in three years.

30 Aug 2012 - 3:17am