Our Business News

Business articles & tips that will guide you.

Facebook
RSS

HONG KONG Business conditions for Chinese manufacturers continued to improve in December, with HSBC’s initial Purchasing Managers’ Index rising to a 14-month high of 50.9, according to the survey results released Friday. The reading compares with HSBC’s final PMI print of 50.5 for November. A reading above 50 signals an improvement in activity. HSBC’s initial or “flash” PMI reading is based on responses from 85% to 90% of the total respondents in the monthly survey. Hongbin Qu, HSBC’s chief economist for China, said the improvement in the latest survey results confirmed that China’s “ongoing growth recovery is gaining momentum, mainly driven by domestic demand conditions. However, the drop of new export orders and the downside surprise of November exports growth suggest the persisting external headwinds.”

Search Terms

head of co-operate bodies hsbc bank london

You must be logged in to post a comment.

3 Best and Cost Effe

Your daughter wants it all – shoes, clothes, the latest ...

The Top Four Automot

If you have a love for automobiles, you may wish ...

The Lowdown on Car S

Car sharing is a term that has sprung up a ...

Simple Guide to Mova

Movavi Slideshow Maker is an easy to use and full ...

Which Areas of Techn

When you have funds to invest in your business, it ...