HSBC Flash China Manufacturing PMI Improves in December; Has China Turned the Corner?

HSBC Flash China Manufacturing PMI Improves in December; Has China Turned the Corner?

December 14, 2012 0 By News Desk
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Following many months of gloom – and seven consecutive quarters of declining growth – the Chinese stock markets are permitting themselves a frisson of excitement after China’s official manufacturing PMI rose to a seven-month high of 50.6 in November, from 50.2 in October. The higher PMI was propelled (unfortunately, I think) by a surge in construction activities

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HSBC Flash China Manufacturing PMI Improves in December; Has China Turned the Corner?