china manufacturing index steady at 19month high
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Economy is gradually emerging from growth slowdown

China manufacturing index steady at 19-month high

Arab Today, arab today

Arab Today, arab today China manufacturing index steady at 19-month high

Workers at clothing factory in Bozhou
Beijing - Arab Today

Workers at clothing factory in Bozhou China's manufacturing growth in November maintained its strong pace from the previous month to stay at a 19-month high, official figures showed on Sunday. The purchasing managers' index (PMI) was at 51.4, unchanged from October, the National Bureau of Statistics said on its website.
It was up from 51.1 in September and the highest since reaching 53.3 in April 2012.
A reading above 50 signals expansion while a figure below indicates contraction.
The figure was a further indication that the world's second-largest economy is gradually emerging from a growth slowdown at the start of the year, although analysts have warned that weaknesses remain.
Official data in October showed that China's economy, an important driver of regional and global growth, expanded 7.8 percent from July to September, snapping two quarters of slowing.
Analysts said the jump resulted largely from a government stimulus since late June that included increased rail and urban fixed-asset investment, tax cuts and looser monetary policy.
The official PMI has risen steadily from 50.1 since June of this year.
Meanwhile the preliminary PMI reading for November from HSBC, another closely watched figure, slipped to 50.4 after a seven-month rise.
It was the second-highest reading from the British banking giant since March, down from 50.9 in October.
HSBC economist Qu Hongbin in Hong Kong attributed the drop to "weak new export orders" and the "slowing pace of restocking activities".
The bank's final PMI reading for the month is scheduled to be released on Tuesday.
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china manufacturing index steady at 19month high china manufacturing index steady at 19month high

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china manufacturing index steady at 19month high china manufacturing index steady at 19month high

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday