PMI increased to 50.3 in December.

By bne IntelliNews January 3, 2012
Chinas Purchasing Managers Index (PMI) increased to 50.3 in December last year, as compared to 49 posted in November. As reported by Dow Jones Business News, the boost in the PMI has been attributed to activity ahead of the New Year holidays in the nation. The level posted during the period is reflective of the nations return to expansionary zone for the index, which decreased below 50 in November for the first time since February 2009.

PMI increased to 50.3 in December.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more