The final reading for HSBC China Manufacturing PMI (May) was - TopicsExpress



          

The final reading for HSBC China Manufacturing PMI (May) was revised lower (to 49.4) vs. the flash estimate of 49.7. Thus, the index continues to indicate deceleration in the manufacturing industry so far in 2014. Main comments from the HSBC report: - New orders stabilised after a 3-month sequence of decline - New export orders rose at the quickest pace in over four years - Reduction in employment continued
Posted on: Tue, 03 Jun 2014 08:40:24 +0000

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