Key points •Flash China Manufacturing PMI. at 49.5 in December (50.0 in November). Seven-month low. •Flash China Manufacturing Output Index at 49.7 in December (49.6 in November). Two-month high. Commenting on the Flash China Manufacturing PMI survey, Hongbin Qu, Chief Economist, China & Co- Head of Asian Economic Research at HSBC said: “The HSBC China Manufacturing PMI dropped to a seven-month low of 49.5 in the flash reading for December, down from 50.0 in November. Domestic demand slowed considerably and fell below 50 for the first time since April 2014. Price indices also fell sharply. The manufacturing ... (full story)