none

CHINA MANUFACTURING ACTIVITY REMAINS SLUGGISH

29-06-2015
by 
in 

Activity in China's manufacturing sector has contracted for the fourth month in a row, according to a private survey.

The HSBC Flash China Manufacturing PMI rose to 49.6 in the flash reading for June, up from a final reading of 49.2 in May.
The reading was expected to come in at 49.4, according to a Reuters poll.

A reading above 50 on the survey points to expansion, while a reading below 50 indicates contraction.

The flash reading is a preliminary estimate based on around 85-90 per cent of survey responses from over 420 small-to-medium-sized manufacturing firms.

Related news & editorials

  1. 18.04.2019
    18.04.2019
    by      In
    Australian energy generator and supplier AGL has secured the right to develop, own and operate a 250MW pumped hydro energy storage project at Hillgrove Resources’s Kanmantoo copper mine in South Australia’s Adelaide Hills, about 50km south-west of Adelaide. The mine has been in operation since 2010... Read More
  2. 18.04.2019
    18.04.2019
    by      In
    The installation of a new, state‐of‐the‐art mobile harbour crane in Simec Mining’s port in Whyalla, South Australia has further increased the port’s third‐party cargo capabilities. The impressive crane will replace the long‐serving stockbridge and significantly improve the port’s reliability and... Read More
  3. 18.04.2019
    18.04.2019
    by      In
    Resin flooring manufacturer Flowcrete Australia’s NSW team has moved to a larger facility in order to meet the growing demand for its products.
    Flowcrete, which started operating from the new premises in February, chose the site as it enabled the growing business to increase its stock levels and... Read More
  4. 18.04.2019
    18.04.2019
    by      In
    The Premier’s Sustainability Awards, Victoria’s leading sustainability awards program, are now open for entries, featuring a new category celebrating the outstanding contribution made by volunteers.
    Joining the program’s existing ten categories, the Environmental Volunteering category recognises... Read More