
China New Export Orders Drop Most Since March 2009, Operating Conditions Down 10th Consecutive Month; China’s Export Machine Grind to a Halt
September 3, 2012Spread the love
The HSBC China Manufacturing PMIâ„¢ shows Manufacturing sector operating conditions worsened at the sharpest rate in 41 months. Summary August data signalled a renewed decline in Chinese manufacturing output, as new business decreased at the sharpest rate in nine months