Tag Archives | China HSBC PMI

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China: The Politics Behind The “Recovery”

By John Richardson

THE overall HSBC flash purchasing managers’ index for January, which was released yesterday, was at a two-year high (see the above chart), with the sub-index of production at a 22-month high.

This is great news for equity values …

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Beneath the China PMI Hype

By John Richardson

A LOT of stock market excitement, and perhaps a recovery in petrochemicals prices (more next week when everyone is back in action), has greeted the release of China’s purchasing managers’ indices for December. The official PMI held steady …

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China Politics Before Economics

By John Richardson

CHINA’S manufacturing activity did, at least, stabilise in September after hitting a nine-month low in August, according to the latest preliminary HSBC manufacturing purchasing managers’ index (PMI).

The PMI improved to 47.8% in September compared with 47.6% …

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