China Manufacturing Sector Falls Into Contraction - NBS
(RTTNews) - The manufacturing sector in China slipped into contraction territory in May, the latest survey from the National Bureau of Statistics showed on Friday with a manufacturing PMI score of 49.5.
That missed forecasts for a score of 50.5 and was down from 50.4 in April, and it moves beneath the boom-or-bust line of 50 that separates expansion from contraction.
The non-manufacturing PMI came in at 51.1, shy of expectations for 51.5 and down from 51.2 in the previous month.
The composite PMI was 51.0 versus forecasts for 51.4 and down from 51.7 a month earlier.
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China Industrial Output Rises Less Than Forecast; Retail Sales Growth Accelerates
China industrial production growth slowed unexpectedly in October and the decline in property investment deepened but retail sales growth accelerated as recent stimulus measures strengthened consumer sentiment. Industrial production posted an annual growth of 5.3 percent in October after rising 5.4 percent in September, the National Bureau of Statistics said Friday.
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vor 15Std 34 Minuten
China Industrial Output Rises 5.3% On Year In October
Industrial production in China was up 5.3 percent on year in October, the National Bureau of Statistics said on Friday - slowing from 5.4 percent in September and missing expectations for 5.5 percent.
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vor 22Std 6 Minuten
Chinese Economy Still Faces Deflation Risk: Capital Economics
The Chinese economy still faces the risk of slipping into a deflationary trap, Capital Economics' economist Gabriel Ng said. Data released by the National Bureau of Statistics on Saturday showed that consumer price inflation softened to 0.3 percent in October from 0.4 percent in September. Moreover, this was the weakest in four months.
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China Exports Growth Fastest In More Than 2 Years; Imports Fall
China's exports expanded the most in more than two years in October, while imports declined at a sharper-than-expected pace due to weaker domestic demand, official data showed Thursday. Exports grew 12.7 percent on a yearly basis, following an increase of 2.4 percent in September, customs data revealed. Shipments were forecast to climb only 5.0 percent.
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China Services PMI Improves To 52.0 In October - Caixin
The services sector in China continued to expand in October, and at a faster rate, the latest survey from Caixin revealed on Tuesday with a PMI score of 52.0.
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China Manufacturing Activity Returns To Growth
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China Manufacturing Activity Expands For First Time In 6 Months
China's manufacturing activity expanded for the first time in six months in October, underpinned by strong domestic demand, official survey data revealed Thursday. The official manufacturing Purchasing Managers' Index rose to 50.1 in October from 49.8 in September, survey data from the National Bureau of Statistics showed. The score was seen unchanged at 49.8.
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China Keeps Medium-Term Lending Facility Rate Unchanged
China's central bank left the rate on medium-term lending facility unchanged on Friday after lowering the rate by 30 basis points last month. The People's Bank of China maintained the medium-term lending facility rate at 2.0 percent. The central bank today conducted a seven-day reverse repo operations of CNY 292.6 billion at an interest rate of 1.5 percent.
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