Friday 2 January 2015

China December manufacturing index at 49.6: HSBC

POLITICAL ECONOMY
China December manufacturing index at 49.6: HSBC
Beijing (AFP) Dec 31, 2014 - China's manufacturing activity contracted in December, HSBC's closely watched purchasing managers' index (PMI) showed Wednesday, as the world's second-largest economy is buffeted by domestic headwinds. The British banking giant's final PMI for the month came in at 49.6, HSBC said in a statement, slightly up from a preliminary reading of 49.5 but still the lowest in seven months. It also ... more


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