China's factory activity expanded at the slowest pace in three months in December, weighed down by shrinking export orders, a private survey showed on Thursday, consistent with views the economy's growth rate has moderated into the end of the year. "The recovering momentum since August 2013 is continuing into 2014, in our view," said Hongbin Qu, chief China economist at HSBC. "With inflation still benign, we expect the current monetary and fiscal policy to remain in place to support growth," he added. A sub-index measuring new export orders touched a four-month low of 49.1 in December, the first time since August that it dropped below the 50-point watershed that separates expansion from contraction, suggesting unsteady external demand.
via Business News - Yahoo Finance http://finance.yahoo.com/news/china-final-hsbc-factory-pmi-015242290.html
0 commentaires:
Enregistrer un commentaire