CNY News

China's manufacturing sector continued to expand in September, albeit barely, the latest survey from HSBC revealed on Tuesday with a PMI reading of 50.2.

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China's services sector continued to expand in September, albeit at a slower pace, the latest survey from HSBC Bank showed on Wednesday with a PMI score of 53.5.

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Chinese consumer prices inflation slowed more than expected in September, figures from the National Bureau of Statistics said on Wednesday.

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China's gross domestic product expanded 7.3 percent on year in the third quarter of 2014, the government said on Tuesday - topping expectations for an increase of 7.2 percent but slowing from 7.5 percent in Q2.

On an annualized quarterly basis, GDP was up 1.9 percent - also beating forecasts for 1.8 percent and down from 2.0 percent in the previous three months.

The government also said that industrial production climbed 8.0 percent on year in September, beating expectations for 7.5 percent and up from 6.9 percent in August.

Retail sales climbed an annual 11.6 percent, just shy of forecasts for 11.7 percent and down from 11.9 percent in the previous three months.

Fixed asset investment jumped 16.1 percent on year, also missing expectations for 16.3 percent and down from 16.5 percent in the three months prior.


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China's manufacturing sector continued to expand at a slightly accelerated pace in October, the latest survey from HSBC Bank revealed in Thursday's preliminary reading with a PMI score of 50.4.

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Profits of Chinese industrial firms rebounded in September, a report from the National Bureau of Statistics showed Tuesday.

Industrial profits rebounded by 0.4 percent year-over-year in September after the 0.6 percent drop in August.

Total industrial profit in the January to September period rose 7.9 percent year-on-year. In the January to August period, industrial profits fell 2.1 percent.

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China's consumer sentiment decreased in October, results of a survey by MNI and Westpac showed Wednesday.

The Westpac-MNI consumer sentiment index fell to 110.9 in October from 113.2 in September.

In August, the index was at 113.3.

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China's manufacturing sector continued to expand as expected in October, results of a survey by Markit Economics and HSBC Bank showed Monday.

The HSBC manufacturing purchasing managers' index came in at 50.4 in October, confirming the flash estimate and also the consensus estimate. This was slightly more than the three-month high of 50.2 in September.

A reading above 50 means expansion in a sector, while a score below signals contraction.

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The services sector in China expanded at a slower rate in October, results of a survey by Markit Economics and HSBC Bank showed Wednesday.

The HSBC services business activity index fell to 52.9 in October from 53.5 in September.

This indicated slower growth but expansion remained solid. A reading above 50 signals expansion in service sector activity.

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Consumer prices in China were up 1.6 percent on year in October, the National Bureau of Statistics said on Monday - in line with expectations and unchanged from the previous month.

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