HSBC's China Flash PMI down to 9-Month Low

Manufacturing continues to slow in China this month. HSBC released its Flash Manufacturing Purchasing Managers Index figures today. It dipped below the 50 mark point to a nine month low.

This is the third month straight that the PMI index, which measures inventory and export orders, has contracted.

Markit Economics, a global information services company, says this shows that, (quote) "Chinese producers are still struggling with strong global headwinds." .... NTDTV