HSBC's preliminary reading of Chinese manufacturing activity dropped to 47.8 for the current month from a final print of 49.3 in July, the bank said Thursday, marking the worst result in nine months. The flash version of the China manufacturing Purchasing Managers' Index remained below 50 for the 10th month in a row. The flash result is based on 85% to 90% of the total responses to the survey.
August 22nd, 2012 at 11:32 pm
No shoot…