China Slowdown Spreading, Hsbc Services Pmi Shows

BEIJING (Reuters) - China's services sector cooled in November to its weakest growth in three months, an HSBC purchasing managers' index showed on Monday, the latest data portraying an economy slowing quickly and in need of policy support.

Sections:  news   world   
Topics:  2011   asia   china   chinese economy   economy   global economy   hsbc   november   service sector   
RELATED ARTICLES
BING NEWS:
  • Forget All That China PMI Angst and Buy Vanke, Evergrande
    A real estate slowdown that has idled construction cranes and deflated home prices across China has been spreading angst among ... Separate China PMI data crunched by HSBC and financial services provider Markit, released Monday, showed a slight gain ...
    11/4/2014 - 1:49 am | View Link
  • China services PMI shrinks to 9-year low
    HSBC’s chief economist in China. “(Yesterday’s) data points to the need for continued policy support to offset the drag from the property correction and consolidate the economic recovery,” he said. The services purchasing managers’ index (PMI ...
    08/5/2014 - 9:00 pm | View Link
  • China July HSBC services PMI near 9-year low, economic recovery in doubt
    "The weakness in the headline number likely reflects the impact of the ongoing property slowdown in many cities as property related activity such as agencies and residential services see less business," said Qu Hongbin, HSBC ... PMI surveys last week ...
    08/5/2014 - 7:43 am | View Link
  • July HSBC services PMI near 9-year low
    The services purchasing managers' index (PMI), compiled ... of the property slowdown in many cities as property-related activity such as agencies and residential services see less business," said Qu Hongbin, HSBC's chief economist in China.
    08/5/2014 - 4:52 am | View Link
  • Growing service sector won't avert China slowdown
    The Markit/HSBC Services PMI rose to 51.9 in ... "What we've got in China is pretty much what have everywhere in North Asia, which is ... certainly not the export growth we were used to before. And that's spreading to manufacturing," said Tim Condon ...
    04/3/2014 - 7:51 am | View Link
  • More
BING SEARCH:
  • International Financing Review
    IFR European ECM Roundtable 2015. IFR’s Europe, Middle East and Africa ECM Roundtable was held on June 25 just as Greece had caused European debt issuance to slump.
    07/28/2015 - 5:33 pm | View Website
  • Today's Stock Market News and Analysis
    Please note that once you make your selection, it will apply to all future visits to NASDAQ.com. If, at any time, you are interested in reverting to our ...
    07/28/2015 - 4:50 pm | View Website
  • Financial Times
    The latest India and international business, finance, economic and political news, comment and analysis from the Financial Times on FT.com
    07/28/2015 - 4:43 pm | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    07/28/2015 - 8:07 am | View Website
  • China News
    Get the latest Finance, Business and politics news from China brought to you by the Financial Times
    07/27/2015 - 8:11 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News