HSBC China Manufacturing Survey: PMI Hits Record

June 23, 2014
Commenting on the survey, Hongbin Qu, chief economist, China, said, "The HSBC Flash China Manufacturing PMI reading rebounded to a year to date high of 50.8 in June. The improvement was broad-based with both domestic orders and external demand sub-indices in expansionary territory. Inventory reduction quickened, and the employment sub-index also showed signs of stabilization."
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