You are here

China's October PMI remains strong, but cracks appearing

Beijing has been clamping down on overcapacity in the steel, cement and glass sectors while reducing credit for some firms

BT_20171202_VMCHINA2_3203943.jpg
China has made restructuring its economic growth to a more qualitative model a priority, with services and new technology set to outweigh industrial production.

Beijing

CHINA'S manufacturing sector performed well in October but a divergence in two sets of purchasing managers' indices (PMIs) point to increasing difficulties for some firms as China cracks down on polluting industries, informal lending and a structural property bubble.

China'

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom