China’s manufacturing purchasing managers index fell to 35.7 in February, the lowest since the survey began in 2004, according to data released by the National Bureau of Statistics on Saturday. The dismal number comes amid the coronavirus outbreak, which has slowed economic activity in China and disrupted supply chains. Now, […]
China’s factory output in October fell to its lowest level since February, according to official data, as the trade war continues to hit Chinese output. A lack of new export orders led the malaise, pointing to further slowdowns in export growth. Earlier this month, China’s GDP fell to its lowest […]
China’s official manufacturing purchasing managers’ index (PMI), released on Monday (AEDT) shows one of its key economic pillars falling back into contraction for the first time in two years, Bloomberg reported late Sunday night. As a receding stimulus and an ongoing trade war headline a collection of challenges for the […]
China's official manufacturing PMI for August...
China’s manufacturing conditions fell to a seven-month low of 48.3 in February, according to a flash reading from HSBC. Analysts expected a reading of 49.5, unchanged from January. Anything below 50 signals contraction. The production sub-index fell to 49.2 versus 50.8 in January. The employment sub-index hit the lowest level […]
Expectations are for a rise to 51.2.
[credit provider=”Reuters” url=”http://pictures.reuters.com/C.aspx?VP3=SearchResult_VPage&VBID=2C04WNV8NDY9S&SMLS=1&RW=1298&RH=841#/SearchResult_VPage&VBID=2C04WNV8NDY9S&SMLS=1&RW=1298&RH=841&PN=15″] China’s official PMI number declined to 50.1 in February, from 50.4 the previous month.Analysts polled by Bloomberg were looking for PMI to inch higher to 50.5.
