Tags: china slowdown

China: Flash PMI Down Sharply

August 24th, 2012
in econ_news, syndication

Econintersect:  The first of two PMI (Purchasing Manager Index) readings for August have been reported.  The HSBC (Hong Kong Shanghai Bank) Flash PMI came in at 47.8, down from a 49.3 reading for July.  This was the lowest reading in nine months and the… more »

Wen Jiabao: China Growth is Under Pressure, or Not

August 17th, 2012
in econ_news, syndication

Econintersect:  A number of headlines have screamed that Premier We Jibao has warned that China's economy is under pressure.  But he also said, effectively, that it will not be a serious problem and that has not been mentioned as prominently, at least no… more »

China Exports: Economy Continues to Soften

August 10th, 2012
in econ_news, syndication

Econintersect:  Indications of a weakening economy in China continue to accumulate.  Tonight it comes from the announcement of much weaker than expected exports for the month of July, up only 1% from a year ago.  This number was down from a year-over-yea… more »

China: Manufacturing Slowdown Continues

August 1st, 2012
in econ_news, syndication

Econintersect:  The official Purchasing Managers’ Index for July has been released by the National Bureau of Statistics.  The index declined even closer to the 50 line that is the demarcation between expansion and contraction for manufacturing in China w… more »

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