Operating conditions stabilise in August Key points  Flash China Manufacturing PMI™ at 50.1 (47.7 in July). Four-month high.  Flash China Manufacturing Output Index at 50.6 (48.0 in July). Three-month high. Data collected 12–20 August 2013. The HSBC Flash China Manufacturing Purchasing Managers’ Index™ (PMI™) is published on a monthly basis approximately one week before final PMI data are released, making the HSBC PMI the earliest available indicator of manufacturing sector operating conditions in China. The estimate is typically based on approximately 85%–90% of total PMI survey responses each month and is ... (full story)