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   
  • 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 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 ...
    08/5/2014 - 7:43 am | View Link
  • China Service-Sector Growth Skids to Nine-Month Low
    "The weakness in the headline number likely reflects the impact of the ongoing property slowdown in many cities ... the economic recovery," Qu said. The services purchasing managers' index (PMI), compiled by HSBC/Markit, fell to 50 in July from June's ...
    08/5/2014 - 3:56 am | 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 - 10:40 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 - 10:03 am | View Link
  • More
  • Financial Times
    The latest India and international business, finance, economic and political news, comment and analysis from the Financial Times on
    11/28/2015 - 4:23 pm | View Website
  • ETF Resumé
    ETF Trends offers news, articles, and research tools for ETF investors and investing.
    11/28/2015 - 11:15 am | View Website
  • Market News | Global Markets | Bank of Ireland
    Market news from the team at Bank of Ireland Corporate. Get the latest markets news at Bank of Ireland Corporate.
    11/28/2015 - 7:19 am | View Website
  • FTSE CLOSE: Lloyds up 7% as City pundit dubs it 'bargain ...
    Top of the table: Lloyds said profit margins were ahead of previous forecasts and it committed to dividend payouts
    11/28/2015 - 6:43 am | View Website
  • Lens on News
    SC fixes norms for state governments to select advocates; SC sets aside order of taking back plot allocated to Sadananda Gowda; Issue licences to dance bars in two ...
    11/27/2015 - 11:05 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