China s HSBC Flash Manufacturing PMI at 13 month high

China S HSBC Flash Manufacturing PMI At 13 Month High

The HSBC Flash ChinaManufacturing PMI wascreated to provide early ...More
The HSBC Flash ChinaManufacturing PMI wascreated to provide earlyindications of China'seconomic condition. Theresults are available oneweek prior to the finalPMI data and is based ondata compiled frommonthly replies toquestionnaires sent topurchasing executives inover 400 manufacturingcompanies. Less

China s HSBC Flash Manufacturing PMI at 13 month high

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Overview:
The HSBC Flash China Manufacturing PMI was created to provide early indications of China's economic condition. The results are available one week prior to the final PMI data and is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 manufacturing companies.
Description:

The HSBC Flash China Manufacturing PMI was created to provide early indications of China's economic condition. The results are available one week prior to the final PMI data and is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 manufacturing companies. The survey includes small, medium and large manufacturers, comprising state owned and private enterprises to give an accurate representation of the Chinese manufacturing sector.

These figures came out yesterday evening for China and we saw an unexpected growth in the manufacturing sector. It is said that this is a positive sign that China's economy has revived after a few difficult months.

The figure rose to 50.4, and it shows business conditions for smaller firms, particularly those in the export sector, are improving. While these figures confirm China's start on the road to recovery, it is still early days and a continuation of policy easing will be required to further strengthen its economy.

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The HSBC Flash China Manufacturing PMI was created to provide early indications of China's economic condition. The results are available one week prior to the final PMI data and is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 manufacturing companies.
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