Customer Logins
Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Sign in to the product or service center of your choice.
Customer Logins
ECONOMICS COMMENTARY
Jul 24, 2013
China: Further downturn signalled as flash PMI drops to near post-crisis low in July
Business conditions in China's manufacturing economy deteriorated at the fastest rate for almost a year in July, signalling one of the steepest downturns seen since the 2008-9 financial crisis, according to the HSBC flash PMI produced by Markit. The headline PMI fell from 48.2 in June to 47.7, its lowest since last August and signalling a third successive monthly deterioration of business conditions in China's vast goods-producing sector. Since early-2009, the lowest reading of the PMI has been 47.6.
{"items" : [
{"name":"share","enabled":true,"desc":"<strong>Share</strong>","mobdesc":"Share","options":[ {"name":"facebook","url":"https://www.facebook.com/sharer.php?u=http%3a%2f%2fstage.www.spglobal.com%2fmarketintelligence%2fen%2fmi%2fresearch-analysis%2f24072013080000china-further-downturn-signalled-as-flash-pmi-drops-to-near-post-crisis-low-in-july.html","enabled":true},{"name":"twitter","url":"https://twitter.com/intent/tweet?url=http%3a%2f%2fstage.www.spglobal.com%2fmarketintelligence%2fen%2fmi%2fresearch-analysis%2f24072013080000china-further-downturn-signalled-as-flash-pmi-drops-to-near-post-crisis-low-in-july.html&text=China%3a+Further+downturn+signalled+as+flash+PMI+drops+to+near+post-crisis+low+in+July","enabled":true},{"name":"linkedin","url":"https://www.linkedin.com/sharing/share-offsite/?url=http%3a%2f%2fstage.www.spglobal.com%2fmarketintelligence%2fen%2fmi%2fresearch-analysis%2f24072013080000china-further-downturn-signalled-as-flash-pmi-drops-to-near-post-crisis-low-in-july.html","enabled":true},{"name":"email","url":"?subject=China: Further downturn signalled as flash PMI drops to near post-crisis low in July&body=http%3a%2f%2fstage.www.spglobal.com%2fmarketintelligence%2fen%2fmi%2fresearch-analysis%2f24072013080000china-further-downturn-signalled-as-flash-pmi-drops-to-near-post-crisis-low-in-july.html","enabled":true},{"name":"whatsapp","url":"https://api.whatsapp.com/send?text=China%3a+Further+downturn+signalled+as+flash+PMI+drops+to+near+post-crisis+low+in+July http%3a%2f%2fstage.www.spglobal.com%2fmarketintelligence%2fen%2fmi%2fresearch-analysis%2f24072013080000china-further-downturn-signalled-as-flash-pmi-drops-to-near-post-crisis-low-in-july.html","enabled":true}]}, {"name":"rtt","enabled":true,"mobdesc":"Top"}
]}