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China manufacturing output contracts for first time in six months in November

From markiteconomics.com

Key points • Flash China Manufacturing PMI™ at 50.0 in November (50.4 in October). Six-month low. • Flash China Manufacturing Output Index at 49.5 in November (50.7 in October). Seven-month low. 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 moderated to a six-month low of 50.0 in the flash reading for November, down from the October final reading of 50.4. New export order growth continued to ease and led to a below-50 reading for the output sub-index for the first time since May. ... (full story)

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