PRESENTING
SPONSOR
Panasonic Logo
IN ASSOCIATION
WITH
TECHNOLOGY
PARTNER
IN ASSOCIATION
WITH
Monday, March 30, 2015| Latest E-book
You are here: Home » Topics » » HSBC » Videos

China March flash HSBC PMI contracts to 11-month low, fans policy easing expectations

Mar 25, 2015    

BEIJING (Reuters) - Activity in China's factory sector dipped to a 11-month low in March as new orders shrank, a private survey showed, signalling persistent weakness in the world's second-largest economy that will likely fuel calls for more policy easing to support growth.The poor reading added to signs that the economy has lost momentum despite two interest rate cuts since November, a reduction in the amount of money banks must keep in reserve and repeated attempts by the central bank to reduce financing costs. The flash HSBC/Markit Purchasing Managers' Index (PMI) dipped to 49.2 in March, ...

Read More