Saturday, January 23, 2021
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Tag: PMI

China’s January PMI Slips to 51.3, Above Threshold for 18th Consecutive Month

The latest data from China's National Bureau of Statistics indicates that the country's purchasing managers index remained above the 50 point threshold for the...

Caixin’s December PMI Rises to 51.5

The China purchasing managers index prepared by financial news provider Caixin has posted a reading of 51.5 for December 2017. The December reading marks an...

November PMI Readings Bounce Back

China's manufacturing and non-manufacturing PMI figures for November have both bounced back ahead of analysts' expectations. Data released by China's National Bureau of Statistics on...

Caixin Services PMI Hits Three Month High

The services sector purchasing managers index produced by leading Chinese financial publication Caixin has breached a three month high for the month of August. The Caixin...

China’s Official Manufacturing PMI Beats Expectations in August

China's official manufacturing purchasing manager's index has posted a sharp increase for the month of August, contrary to consensus expectations. The manufacturing PMI jointly produced...

Caixin’s PMI Rises to Four Month High in July

The manufacturing sector purchasing managers index published by leading Chinese finance publication Caixin rose to a four month high of 51.1 for the month of...

July PMI Slides 0.3 Percentage Points to 51.4%

China's official Purchasing Managers' Index (PMI) is 51.4% for the month of July, for a 0.3 percentage point decline compared to the preceding month. When...

China’s Official PMI Pushed Higher By Gains in Demand

China's official Purchasing Managers Index (PMI) for the month of June marks the second highest reading for the metric since the start of 2017...

Caixin’s Services Sector PMI Up for the First Time in 2017

The services sector PMI produced by leading Chinese finance publication Caixin has posted its first gain for the year in May. The reading for service sector PMI...

Caixin PMI Falls Below Positive Threshold for First Time in 11 Months

Caixin's PMI reading for the month of May has dipped below the key 50 point threshold for the first in almost a year. On 1...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.