China Manufacturing Indicator Drops to Seven-Month Low
HSBC’s Purchasing Managers’ Index (PMI) shows that manufacturing activity in China hit...
PMI
Survey: Manufacturing Growth Highest in Two Years
China’s factory sector growth reached a two-year high in January, according to a preliminary survey released on Thursday, as the economy continues to demonstrate signs of a rebound. From Reuters: The HSBC flash purchasing...
CDT Money: Bridging The Great Divide
During a week in which Xinhua News called out the resentment brewing in China over the country’s “yawning wealth gap”, and the China Daily reported that Premier Wen Jiabao told a State Council economic...
CDT Money: The Numbers Game
Last week’s key data release signaled continued weakness for China’s manufacturing sector, with HSBC’s preliminary purchasing managers index (PMI) shrinking for an eighth straight month in June. Reuters reports...
On Economy, Will Government Walk The Walk?
With China posting its lowest quarterly GDP rise since 2009, The Diplomat’s Minxin Pei writes that while state control of the Chinese banking system may help to avoid a seizure in the short-term, the economy’s...
CDT Money: Stimulus Talk Gaining Steam
Another week, another sign of strain within China’s economy as the central government steps up its public statements in support of a possible stimulus. Europe’s woes continue to weigh on China’s factory...
CDT Money: Positive Breeze Amid Diplomatic Firestorm
U.S. Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner’s arrival in Beijing for a fourth round of Strategic Economic Dialogue (SED) with several high-ranking members of the Chinese leadership took...
CDT Money: Earnings Season Marred by Cloud of Fraud
A preliminary measure of manufacturing activity painted a stabilizing picture of the Chinese factory sector this week, though concerns persist over potential export weakness as a trip by Wen Jiabao brought Europe back to the...
CDT Money: Tale of Two Economies
Mixed messages continue to emerge about the state of China’s economy, after an official reading of China’s manufacturing sector defied a negative preliminary forecast and signaled a rebound in factory activity in...
CDT Money: More Signs of a Slowdown
Despite suggestions last week that the yuan exchange rate had reached equilibrium and hints of possible liberalization in its trading range, officials at the People’s Bank of China set the yuan’s U.S. dollar...
Manufacturing Index Defies Negative Forecasts
Despite claims that China’s economy would continue to decline, reports indicate that there has been a slight increase in manufacturing in December. Figures from the purchasing manager’s index (PMI) indicated an...
CDT Money: PMI Shows Fall in Manufacturing, Chinese NYSE Firms up Against the Wall
Moderate pessimism continues as the main theme of economic news from China, as it faces turmoil in the EU – if considered a single economy, China’s largest trading partner – and rising concerns about the stability of the...
China June PMIs Show Slower Manufacturing Activity
From the Wall Street Journal: China’s official PMI, issued by the China Federation of Logistics and Purchasing and the National Bureau of Statistics, fell to 52.1 in June, the second straight month in which it has...
China’s P.M.I. Unchanged, Growth Seen as Sustainable
Reuters reports on the PMI and other recent economic figures released in China: China’s manufacturing sector expanded for the ninth consecutive month in November but ran into headwinds from weaker trade and employment, a...
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