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发帖数: 115 | 1 HONG KONG (MarketWatch) -- China manufacturing activity fell sharply in
March as the rate of booking new orders fell to a four-month low at
factories, leading to weaker generation of jobs, according to an initial
reading of findings in an HSBC survey released Thursday. The so-called "
flash" manufacturing Purchasing Managers' Index for March printed at 48.1,
down from a final reading of 49.6 in February, HSBC said. "Weakening
domestic demand continued to weigh on growth, as indicated by a slowdown in
new orders, which came in at a four-month low," said Hongbin Qu, chief
economist for China at HSBC. "More worryingly, employment recorded a new low
since March 2009, suggesting slowing manufacturing production was hindering
enterprises' hiring desire." The data call for further easing steps from
Beijing, Qu said. The flash PMI is based on 85% to 90% of the total
responses during a given month, and is an early indicator of business
conditions facing Chinese manufacturers. |
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