汇丰银行-7月xx财新制造业采购经理人指数-20170801-hsbc-chinacaixinmanufacturingpmi(july2017)betterthanconsensus-6页.pdfVIP

Economics - Data Reactions 01 August 2017 China Caixin Manufacturing PMI Kelvin (July 2017) Lam Greater China Economist The Hongkong and Shanghai Banking Corporation Limited Better than consensus +852 2996 6975 kelvin.h.p.lam@.hk Julys Caixin China Manufacturing PMI rose to 51.1 from 50.4 in June, better than market expectations of no change, and in contrast to a marginal slowdown in the View HSBC Global Research at: NBS PMI. The components show that the manufacturing sector recovery has shifted up a gear with the expansions in activity becoming more broad-based. The only fly in the ointment being the deteriorating employment market, with the rate of Issuer of report The Hongkong and Shanghai job shedding in sector hitting a ten month high. It is also wo