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 - 12:31 am | View Link
  • China July HSBC services PMI near 9-year low, economic recovery in doubt
    China July HSBC services activity falls to near 9 ... 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's chief ...
    08/4/2014 - 5:51 pm | View Link
  • Growing service sector won't avert China slowdown
    SERVICES GROWING The official services Purchasing Managers' Index (PMI) dipped to 54.5 from February's 55.0, but still held well above the 50 level that divides expansion and contraction. The Markit/HSBC Services ... And that's spreading to manufacturing ...
    04/2/2014 - 3:39 pm | View Link
  • What China's Slowdown Means For Your Portfolio
    The country's Purchasing Managers Index (PMI), which ... billion in goods and services to China in 2011. These two trading partners may be locked in a vicious circle, as weakness in Europe weighed on demand for Chinese goods, and spreading weakness in ...
    06/21/2013 - 5:27 am | View Link
  • China services growth slows sharply, adds to recovery risk
    with the weakness spreading to services, which make up almost half of gross domestic product, the risk to the recovery may be increasing. "The weak HSBC service PMI figure provides further evidence of a slowdown not only in the factory sector but also in ...
    05/5/2013 - 1:00 pm | View Link
  • More
BING SEARCH:
  • Financial Times
    The latest India and international business, finance, economic and political news, comment and analysis from the Financial Times on FT.com
    04/24/2016 - 4:58 pm | View Website
  • Guide Travel
    World news is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news ...
    04/24/2016 - 4:22 pm | View Website
  • Advisor Perspectives
    Market Commentaries - Advisor Perspectives; Voting Machine, Weighing Machine | Hussman Funds | May 25, 2015; The Real Financial Crisis That Is Looming | Streettalk ...
    04/24/2016 - 8:37 am | View Website
  • HongKongChina
    View HKCHcc and Hawaii Chinese Organizations Listing & Event Calendar: To succeed in business in Hawaii, you must understand the islands: How to Do Business with ...
    04/24/2016 - 3:22 am | View Website
  • 10 REASONS WHY WORLD ECONOMY IMPLODING « InvestmentWatch
    China’s Mass Unemployment Wave Begins: Six Million Workers To Get Pink Slips. Back in November, just as the world’s attention was focusing on China for long ...
    04/24/2016 - 2:03 am | 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