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  • China manufacturing improving at fastest rate in 19 months

    From markiteconomics.com

    Read Full Story at markiteconomics.com

    After adjusting for seasonal factors, the HSBC Purchasing Managers’ Index™ (PMI™) – a composite indicator designed to give a single-figure snapshot of operating conditions in the manufacturing economy – posted 51.5 in December, up from 50.5 in November, signalling a modest improvement of operating conditions in the Chinese manufacturing sector. Moreover, it was the highest index reading since May 2011. Output at manufacturing plants in China expanded in December, and for the second month in a row. Although the rate of expansion was modest, it was the fastest in 21 months. Total new orders also increased ... (full story)

    • Guest

      IP XX.X.249.143
    • good for miners and commodity exporters to china!

    • Guest

      IP XXX.XXX.182.120
    • These chinese numbers are just as fake as the US ones...I wouldn't be surprised if a kid in his room makes these up and just sends over to be posted for both governments.

    • globular

      20 posts
    • yeah, except this is a survey of businesses - and a private one at that, so it is a pretty reliable indicator.

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