Purchasing Managers Index

China’s economic growth still slowing down, survey shows

China's overall factory activity shrank for the 11th consecutive month in September.  Photo: Reuters

China’s economy has almost certainly suffered a seventh straight quarter of slowing growth, with a new private sector survey of factory managers revealing a near year-long decline in business activity and a fresh fall in export orders in September.

Friday, 8 May, 2015, 9:46am

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

From Beijing to Berlin, economic struggles persist

A car storage silo in Germany, where the flash composite PMI fell to a three-year low. Photo: AFP

World business surveys yesterday painted a picture of economic malaise stretching from Beijing to Berlin, adding to concerns that the world economy is slowing down.

24 Aug 2012 - 2:47am

PMI flatlines, raising hopes of policy boost

Mainland manufacturing activity remained lacklustre last month, raising hopes for policy easing to counter the economic slowdown.

The official purchasing managers' index (PMI) fell from 50.2 in June to 50.1 last month, driven by declines in new orders, production and employment.

15 Aug 2012 - 10:51pm

Production hits 9-month high

Manufacturing on the mainland in July grew the most in nine months, a sign that Beijing's monetary and investment stimulus may be paying off.

The HSBC China purchasing managers index (PMI) jumped to a five-month high of 49.5 from 48.2 in June, thanks to a strong rebound in manufacturing output, which rose to the highest level since October.

25 Jul 2012 - 12:00am

Private-sector output continues to fall in June

Private-sector output in Hong Kong contracted for the second consecutive month in June owing to the double whammy of weakening economies in Europe and on the mainland.

6 Jul 2012 - 12:00am

Factory production falls for 8th straight month

Manufacturing activity on the mainland contracted in June for the eighth consecutive month as small companies grappled with a worsening business 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 a reading below 50 indicates contraction.

3 Jul 2012 - 12:00am

Flagging growth at mainland factories

Growth in manufacturing activity on the mainland slowed to a six-month low in June as domestic and export demand fell, but analysts say it could pick up in the second half as stimulus measures kick in.

2 Jul 2012 - 12:00am

A message in conflicting data from China

Yesterday Beijing released one of the most closely followed indicators of China's economic health. The prognosis was at best mixed.

Initial media reports were quick to point out that China's official purchasing managers index, or PMI, dropped to 50.2 in June from a level of 50.4 in May, flagging this fall as a deterioration in business conditions.

2 Jul 2012 - 12:00am

PMI decline reflects step back in sector's advances

The recent improvement in the mainland manufacturing sector backpedalled unexpectedly last month, strengthening the argument for immediate stimulus measures.

2 Jun 2012 - 12:00am

Policy easing urged as factories struggle

The recent contraction in China's manufacturing looks set to deepen this month, putting new pressure on growth stimulus measures.

25 May 2012 - 12:00am

Manufacturing drives recovery on mainland

The mainland's official purchasing managers' index (PMI) recorded its fifth consecutive rise last month to its highest in 13 months, in fresh evidence that the nation is recovering from the current economic downturn, caused by credit tightening and slowing export growth.

2 May 2012 - 12:00am

Improvement seen in mainland manufacturing

Manufacturing activity on the mainland climbed to a two-month high - further evidence that the worst of the slowdown is over for the world's second-biggest economy.

A 'flash' purchasing managers' index (PMI) compiled by HSBC/Markit Economics - an economic indicator published before official data is released on May 1 - rose to 49.1 this month, from 48.3 last month.

24 Apr 2012 - 12:00am

HK slows down, but still growing

Hong Kong's economy grew last month, though at a slower pace than February, according to HSBC's Purchasing Managers' Index (PMI).

The HSBC Hong Kong PMI, an indicator of the health of the private sector, was 52 in March, down from 52.8 in February. A PMI above 50 indicates expanding business activity while a reading below 50 indicates contraction.

6 Apr 2012 - 12:00am

Break the bank monopoly, Wen says

Premier Wen Jiabao says the central government is determined to break the mainland's banking monopoly, and if pilot schemes in the special financial zone newly set up in the southeastern city of Wenzhou prove successful they can be promoted and implemented nationwide.

4 Apr 2012 - 12:00am