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
ASK NEWS:
  • Sensex tanks 722 pts to close at 26,717; Salman Khan conviction, GST ... - Financial Express
    Bloodbath on markets: Sensex tanks 723 pts on reform concerns - Press Trust of India
    05/6/2015 - 9:25 am | View Link
  • More
BING NEWS:
  • China January HSBC services PMI at six-month low, more stimulus expected
    BEIJING (Reuters) - China's services sector grew at ... unveil more stimulus steps to avert a sharper slowdown in the world's second-largest economy. The HSBC/Markit Services Purchasing Managers' Index(PMI) slowed to 51.8 last month - the weakest since ...
    02/3/2015 - 1:03 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
  • Analysts say services growth in China cannot avert slowdown
    The official China services Purchasing Managers’ Index (PMI) dipped to 54.5 last month from February’s 55.0, but still held well above the 50 level that divides expansion and contraction. The private sector HSBC/Markit ... that’s spreading to ...
    04/3/2014 - 11:02 pm | 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 ...
    04/2/2014 - 11:39 pm | View Link
  • China slowdown despite robust services sector
    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 ...
    04/2/2014 - 10:41 pm | View Link
  • More
BING SEARCH:
  • Video
    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial ...
    05/21/2015 - 11:18 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 ...
    05/21/2015 - 9:24 pm | View Website
  • International Edition | South China Morning Post
    Your source for credible news and authoritative insights from Hong Kong, China and the world.
    05/21/2015 - 8:26 pm | View Website
  • Emerging markets PMI
    HSBC provides emerging market data via the Purchasing Managers' Index (PMI) and the Emerging Markets Index (EMI) with insight from our economists.
    05/21/2015 - 7:15 pm | View Website
  • News & Commentaries
    Markit is a leading global diversified provider of financial information services providing products that enhance transparency, reduce risk and improve operational ...
    05/21/2015 - 6:53 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