HSBC Flash China PMI at five-month high

0 Comment(s)Print E-mail Xinhua, May 22, 2014
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China's manufacturers were at their most active in five months in May, according to HSBC's preliminary purchasing managers' index (PMI) released on Thursday.

The HSBC/Markit China flash manufacturing PMI for May rebounded sharply to 49.7, hitting a five-month high and up from a reading of 48.1 in April, said data company Markit in a statement.

But the figure is still below the boom-or-bust line of 50 that separates expansion from contraction. Endi

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