China New Export Orders Drop Most Since March 2009, Operating Conditions Down 10th Consecutive Month; China’s Export Machine Grind to a Halt

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, 2012 0 By News Desk
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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

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China New Export Orders Drop Most Since March 2009, Operating Conditions Down 10th Consecutive Month; China’s Export Machine Grind to a Halt