China's HSBC PMI moves into expansion territory for the first time in 13 months in November,...

|By:, SA News Editor
China's HSBC PMI moves into expansion territory for the first time in 13 months in November, rising to 50.5 from 49.5 in October, and from a late November "flash" read of 50.4. "We expect GDP growth to rebound modestly to around 8% in Q4 as the easing measures continue to filter through," says HSBC. (Official PMI earlier this weekend)