Forum Views ()
Forum Replies ()
Read more with google mobile :
China manufacturing continues to expand: surveys
Yahoo!
My Yahoo!
Mail
More Yahoo! Services
Account Options
New User? Sign Up
Sign In
Help
Yahoo! Search
web search
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Singapore
Asia Pacific
World
China manufacturing continues to expand: surveys
AFP - Monday, March 1
Send
IM Story
Print
China manufacturing continues to expand: surveys
Slideshow: Full Photo Coverage: Business & Economy
BEIJING (AFP) - – China's manufacturing activity continued to expand in February though at a slower pace, surveys by the government and HSBC showed Monday, with the bank expressing optimism for the coming months.
The HSBC China Manufacturing PMI, or purchasing managers' index, fell to 55.8 last month from 57.4 in January, when the indicator hit its highest level since data were first collected in April 2004.
A separate official PMI published by the China Federation of Logistics and Purchasing (CFLP) on Monday showed manufacturing activity fell to 52.0 last month, from 55.8 in January.
A reading above 50 means the sector is expanding, while a reading below 50 indicates an overall decline.
The readings were likely affected by a factory shutdown for Lunar New Year celebrations, which this year fell in February.
"Despite the moderation in the headline China Manufacturing PMI, growth momentum for China's manufacturing sector remains strong, pointing to a further acceleration in industrial activities in the coming quarters," said the bank's chief China economist Hongbin Qu.
Manufacturing production expanded for the 11th month in a row on the back of sharp gains in new business led by firmer client demand, the HSBC survey showed.
It warned that inflation risks were still "considerable" as average input costs rose for the eighth consecutive month in February.
The CFLP meanwhile cautioned that the slowing of manufacturing activities indicated there were "uncertainties" in the recovery of the overall economy.
"We should closely watch the fallback in the new export order index as well and be prudent about the prospects of export growth," said analyst Zhang Liqun, in a more pessimistic assessment that the one offered by HSBC.
In 2008, manufacturing accounted for more than 40 percent of China's economic output, but has since been hit hard by evaporating demand for its products in key export markets such as the United States and Europe.
Recommend
Send
IM Story
Print
Related Articles
HSBC posts profit gain, boss donates bonus to charity AFP - 49 minutes ago
Dollar holds gains vs euro, yen after US ISM data Reuters - 1 hour 2 minutes ago
Manufacturing sector grew in February: ISM Reuters - 1 hour 4 minutes ago
Dominion raises 33 mln stg for Ugandan drill Reuters - 1 hour 7 minutes ago
Fed's Kohn says to leave Fed June 23 Reuters - 1 hour 9 minutes ago
News Search
Top Stories
US consumer spending grows but incomes lag
Crosby show as Canada beat USA in gold thriller
World's most powerful atom smasher restarts: CERN
No German rescue plan for debt-ridden Greece
Debt-hit Greece must step up spending cuts: Juncker
More Top Stories »
Related Full Coverage
China Economychina economy
All Full Coverage »
ADVERTISEMENT
Most Popular
Most Viewed
Most Recommended
World's most powerful atom smasher restarts: CERN
Be of good heart: Happiness helps ward off cardiac disease
Vast iceberg could disrupt ocean currents, weather
Crosby show as Canada beat USA in gold thriller
British banking faces major makeover
More Most Viewed »
Florida killer whale to stay in park after deadly attack
DNA reveals some mystery on King Tut, raises questions
Scientists recreate Big Bang heat of 4 tln degrees C
First footage of clouded leopard captured in Borneo
More Most Recommended »
Elsewhere on Yahoo!
Financial news on Yahoo! Finance
Stars and latest movies
Best travel destinations
More on Yahoo! News
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Subscribe to our news feeds
Top StoriesMy Yahoo!RSS
» More news feeds | What are news feeds?
Also on Yahoo
Answers
Groups
Mail
Messenger
Mobile
Travel
Finance
Movies
Sports
Games
» All Yahoo! Services
Site Highlights
Singapore
Full Coverage
Most Popular
Asia Entertainment
Photos
Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved.
Terms of Service |
Privacy Policy |
Community |
Intellectual Property Rights Policy |
Help
Other News on Monday, 1 March 2010 Iraqi Christians protest slayings, Pope concerned
Death toll hits 52 as storms lash Europe
Debt-hit Greece must step up spending cuts: Juncker
Several wounded in clashes at Jerusalem's Al-Aqsa mosque
Hamas man was drugged before murder
Turkish PM holds talks with armed forces head: report
Iraq's Maliki sees coalition with Shi'ite rivals
|
Iraqi Christians protest slayings, Pope concerned
|
Turkish constitutional reforms ready by end-March: Erdogan
|
Tajikistan election to yield docile parliament
|
Pelosi says Obama will garner votes to pass health reform
Marines, Afghan troops to stay months in Marjah
Tajikistan votes under president's watchful eye
Marines, Afghan troops to be stationed in Marjah
AP Enterprise: How nuclear equipment reached Iran
Facing tsunami threat, Japan battens down hatches
Official: Roadside bomb kills family of 11 Afghans
G20 summit preparatory talks end in S.Korea
Jay Leno returns to TV to regain late-night crown
|
Shutter Island still captivates moviegoers
|
US-ENTERTAINMENT Summary
The top movies at the North American box office
Scorsese's "Shutter Island" top film at box office
Russia, Georgia reopen vital border crossing
Cute baby video wins battle against music label
Quake, tsunamis kill more than 700 in Chile
|
Crosby show as Canada beat USA in gold thriller
Four Afghan civilians die in suicide attack: official
|
Ukraine's pro-Russia head visits anxious EU leaders
Turkish constitutional reforms ready by March
China raises profile of its choice of Dalai Lama's No 2
|
No German rescue plan for debt-ridden Greece
World's most powerful atom smasher restarts: CERN
Cyber warriors gather as online battles rage
Spain hails arrest of alleged ETA chief
Violence flares at Jerusalem holy site
Giant tech fair goes 3D to pull in the punters
Niger facing famine, millions at risk: president
|
Iraq's Maliki sees coalition with Shi'ite rivals
Hamas leader drugged, suffocated: Dubai police
Iraq's Maliki sees coalition with Shi'ite rivals
|
No pressure, London
Afghanistan: 4 civilians die in suicide car bomb
Cute baby video wins battle against music label
|
Clinton adds Buenos Aires to Latin American tour
Afghan: When shooting stops, some soldiers read
Militants destroy NATO oil tanker in Pakistan
Philippine troops kill 2 gunmen linked to massacre
Indonesia landslide search ends, 12 still missing
Police chief fired after inmate dies in China
New Zealand commandos confirmed in Afghan battle
Afghan army: 3 civilians die in suicide car bomb
Australian PM Rudd draws fire for mea culpa
S.Korean leader urges N.Korea to show sincerity
Pakistan c.bank buys 96.35 bln rupees of govt paper
Pakistani stocks lower; finance minister awaited
Embattled Toyota chief to speak in China
NBC renews competition series "Sing Off"
Toyota chief visits China amid recall woes
Hollywood's Oscar contenders chart course for gold
NZ dollar off highs as Chinese data raises caution
South Korea's surprise export jump eases trade worries
Prudential to buy AIG's Asian arm for 35 bln dollars: source
PAKISTAN
S.Korea's trade swings to surplus in February
NZ commodity prices jump in February
Fourth "Shrek" film to open Tribeca fest
NBC gearing up for post-Conan schedule
NBC gearing up for post-Conan schedule
|
Radio station for divorcees battles stigma in Egypt
Fourth Shrek film to open Tribeca fest
|
Shutter Island still captivates moviegoers
|
Jolie, Aronofsky eyeing Serena adaptation
|
Jolie, Aronofsky eyeing "Serena" adaptation
Hollywood's Oscar contenders chart course for gold
|
Adam Brody picking "Oranges" with Hugh Laurie
Fox dominates indecency complaints
|
"Nip/Tuck" stars land pilot roles
Fox dominates indecency complaints
Dermot Mulroney to star in Rockford update
|
NBC renews competition series "Sing Off"
Tears and jeers: Oscar night drama in store
Adam Brody picking Oranges with Hugh Laurie
|
Actor Randy Quaid, wife want apology for arrest
|
Car bombs kill NATO soldier, five Afghans
Internet 'third-most popular news platform in US'
Gunman opens fire near East Jerusalem settler block
Afghanistan bans coverage of attacks; blasts hit south
|
Dubai murder suspects hiding out in Israel: police
Donor tax disclosure embarrasses UK Conservatives
|
Bomber targets NATO convoy, kills four Afghans
China PLA officer urges challenging U.S. dominance
|
Good Afghan news just a click away
Iran says plans to test fire new guided-bomb soon
|
Dubai says hit team had 27th member, slams insult
|
Suicide attack against NATO kills Afghans: govt
Storms rip through Europe, kill up to 50 in France
|
Hundreds feared dead in Darfur clashes: U.N.
|
Georgia and Russia re-open land border crossing
|
Karadzic takes stand at trial to deny war crimes
|
Microsoft says Google acts raise antitrust issues
|
Military allows Twitter, other social media
|
US Supreme Court takes up jailed Enron chief's appeal
Vote monitors slam Tajikistan's parliamentary vote
EU privacy body wants changes to Google Street View
|
Foreign cease-fire monitors return to Philippines
Australians flee 60-ft wildfire flames near homes
5,200 Australians bare all for photo shoot
Coal mine flood traps 31 people in northern China
Research group: China prepares for Arctic melt
Monitors say Tajikistan's vote marred by fraud
Popular Japan lawmaker eyes new party to fight PM
Indian air force holds massive air power exercise
Flood traps dozens in China coal mine
Toyota president apologizes to Chinese customers
Insurer Prudential buys AIG Asia for $35.5 bln
FACTBOX-Key political risks to watch in New Zealand
Pakistan's 6-month fiscal deficit at 2.7 pct of GDP
"Office" worker Robinson to host "Last Comic"
Indonesian says inflation up 3.81 pct in February
Reports: SKorea to invest in Canadian gas fields
China manufacturing continues to expand: surveys
Taiwan stocks at week closing high; state buying seen
TV's Parenthood revisits family life, 20 years on
|
Report: 4 Indonesians in Aceh face terror charges
Office worker Robinson to host Last Comic
|
Michelin crowns young French chef's Chinese cuisine
"Office" worker Robinson to host "Last Comic"
Dermot Mulroney to star in "Rockford" update
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights