日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Macro

China's HSBC flash PMI shows expansion in June

(Agencies) Updated: 2014-06-23 13:50

China's HSBC flash PMI shows expansion in June

Workers install the chassis along a production line at a truck factory of Anhui Jianghuai Automobile Co Ltd (JAC Motors) in Hefei, Anhui province May 5, 2014. [Photo/Agencies]

Activity in China's factory sector expanded in June for the first time in six months as new orders surged, a preliminary HSBC survey showed on Monday, offering new signs the economy is stabilizing thanks to China's measures to shore up growth.

Still, many analysts expect the government may need to roll out further steps in coming months to offset the risks from a cooling housing market and persistent export weakness, after China's premier vowed last week that the economy would not suffer a hard landing.

The HSBC/Markit Flash China Manufacturing Purchasing Managers' Index rose more than expected to 50.8 in June from May's final reading of 49.4, beating a Reuters poll forecast of 49.7 and creeping above the 50-point level that separates growth in activity from contraction.

It was the first time since December that the PMI was in growth territory, and the highest reading since November, when it was also 50.8.

The upbeat report reinforced market expectations that the world's second-largest economy is powering through its recent soft patch, even if the recovery may be patchy.

"This month's improvement is consistent with data suggesting that the authorities' mini-stimulus is filtering through to the real economy," said Qu Hongbin, chief economist for China at HSBC, referring to a series of measures announced by the government in recent months to spur activity. "We expect policymakers to continue their current path of accommodative policy stance until the recovery is sustained,” he added.

The preliminary factory reading for June indicates sequential growth could pick up to 1.8 percent in the second quarter from 1.4 percent in the first, Ting Lu, an economist at Bank of America-Merrill Lynch, said in a note to clients.

"We expect China to continue rolling out more measures to stabilize growth," Lu added.

The sub-index for new orders, a proxy to measure domestic and foreign demand, rose to 51.8, the fastest pace in 15 months.

Much of the increase appeared due to stronger domestic consumption, as growth in new export orders slowed sharply.

Still, the survey showed an across-the-board improvement in the vast factory sector, with most of the 11 sub-indices, ranging from output to new orders and stocks of purchases, accelerating from previous months.

The flash PMI data is the earliest indicator in a month to help gauge the economic momentum and thus is closely watched by investors.

Asian stock markets and the Australian dollar firmed on the news.

China's HSBC flash PMI shows expansion in June

China's HSBC flash PMI shows expansion in June

Feb manufacturing PMI drops to 50.2 China's manufacturing PMI rises to 50.3% in March

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 神马午夜888 | 日韩欧美亚 | 超碰97在线资源 | 91精品国产高清一区二区三蜜臀 | 国产精品久久久久久久天堂第1集 | 国产成人亚洲综合a∨婷婷 青草久久久 | 伊人影院久久 | 国产传媒一区二区三区 | 欧美三级a做爰在线观看 | 欧日韩精品 | 在线看黄色网址 | 天美传媒免费在线观看 | 一区二区欧美视频 | 国产日韩欧美中文字幕 | 免费中文字幕日韩欧美 | 亚洲天堂影院 | 久久爱伊人 | 成人av综合网 | 人人av在线 | 青青视频国产 | 国产激情在线播放 | 国产欧美亚洲一区 | 91视频久久久 | 日本欧美国产在线 | 国产成人8x视频一区二区 | 久久久一区二区三区四区 | 国产精品乱码一区二三区小蝌蚪 | 久久久精彩视频 | 欧美在线播放视频 | 日韩精品一二区 | 久久午夜鲁丝 | 91亚色视频 | 国产原创在线观看 | 天天综合在线视频 | 国产日韩视频 | 亚洲成a人片| www在线播放 | 国产精品毛片久久久久久久av | 免费激情片| 男人的天堂a在线 | 亚洲精品小说 |