More on the July HSBC China flash manufacturing PMI: The employment sub-index falls to 47.3, its...

|By:, SA News Editor

More on the July HSBC China flash manufacturing PMI: The employment sub-index falls to 47.3, its lowest level since March of 2009, while the new orders sub-index hits an 11-month low. The numbers point to "a continuous slowdown in manufacturing sectors thanks to weaker new orders and faster destocking," an HSBC economist quoted by Reuters says.