Economics, Finance and Information Technology

Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy. With the Background of this approach the blog will deal with the implications for Investment decisions. The author believes that China and the Asia Pacific Region are and will be the powerhouse for the global economic growth for years to come. It will also cover IT because of its momentum driver for economic growth.

Wednesday, 21 May 2014

China's HSBC preliminary PMI was 49.7 for May(48.1 in April)

The China manufacturing purchasing managers’ index released today by HSBC Holdings Plc and Markit Economics delivered a provisional reading of 49.7 for May, rising from 48.1 in April and beating economists’ estimates. Readings below 50 indicate contraction. China is the world’s biggest exporter and the No. 1 consumer of industrial metals.

Source: Bloomberg

Wednesday, 21 May 2014

China's HSBC preliminary PMI was 49.7 for May(48.1 in April)

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