China’s factory activity shrank for the first time in seven months in May as both domestic and external demand softened, while growth in the services sector cooled, pointing to slowing momentum in the world’s second-largest economy.Thursday, 29 August, 2013, 4:13am
The official Purchasing Managers' Index (PMI) rose to 50.8 from 50.6 in April, the National Bureau of Statistics and China Federation of Logistics and Purchasing said yesterday. That was higher than all estimates in a Bloomberg survey of 30 analysts and above the median projection of 50, which divides growth from contraction.2 Jun 2013 - 6:28am
The HSBC flash manufacturing purchasing managers index (PMI) for China fell to a two-month low of 50.5 in April, compared with the final reading of 51.6 in March, HSBC and Markit said yesterday.29 Aug 2013 - 4:13am
The HSBC flash purchasing managers' index (PMI) for China retreated from a two-year high of 52.3 in January to 50.4 in February, according to a preliminary survey issued by HSBC and Markit Economics yesterday. The figure also lagged behind the median estimate of 52.2 of 11 analysts surveyed by Bloomberg.29 Aug 2013 - 4:13am
Beijing's announcement of surprisingly good trade data for December has prompted more doubt than relief, since it contradicts several other indicators as well as figures from trading partners.12 Jan 2013 - 4:02am
The mainland economy may be changing gears after a protracted slowdown, according to the latest HSBC Flash Purchasing Managers' Index.
The index shows manufacturing may have surged to a 13-month high in November, offering more hope for a sustained economic recovery.23 Nov 2012 - 7:16am
The stock market rose more than 500 points in two days to reach a two-week high yesterday on higher expectations of an improved economy on the mainland.
The Hang Seng Index closed higher by 218 points to 21,743 yesterday, adding to the increase of 296 points on Wednesday.23 Nov 2012 - 1:40am