Markets

CHINA MANUFACTURING CONDITIONS FALL TO SEVEN-MONTH LOW

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 […]
CHINA MANUFACTURING CONDITIONS FALL TO SEVEN-MONTH LOW
Markets

China’s Manufacturing Decelerates

[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.
China’s Manufacturing Decelerates