Global Economy – Europe, Asia manufacturing wilts again in Sept
LONDON/BEIJING (Reuters) – Factory output in Europe and Asia wilted again in September, flagging a return to recession for the euro zone and a seventh straight quarter of slowing growth in China, business surveys showed on Monday.
The data showed companies across the world have yet to feel the benefit of aggressive monetary stimulus launched by the world’s major central banks over the last two months.
Europe, Asia manufacturing wilts again in September
LONDON/BEIJING (Reuters) – Factory output in Europe and Asia wilted again in September, flagging a return to recession for the euro zone and a seventh straight quarter of slowing growth in China, business surveys showed on Monday.
The data showed companies across the world have yet to feel the benefit of aggressive monetary stimulus launched by the world’s major central banks over the last two months.
Asian factory sector struggles to shake off euro malaise
BEIJING/TOKYO (Reuters) – Asia’s manufacturers are continuing to struggle in the face of tepid demand from the United States and Europe, according to business surveys and data releases on Monday that underlined the fragility of the global economy.
More data later is expected to confirm that the euro zone is mired in recession while the prospects of a firmer U.S. recovery remain delicately balanced.
China September official factory PMI ticks up; growth seen slow
BEIJING (Reuters) – China’s economy offered more evidence of a seventh straight quarter of slowing growth on Monday, with an official survey of factory managers remaining in contractionary territory for a second successive month despite improving from August’s low.
China’s official factory purchasing managers’ index rose to 49.8 in September from 49.2 in August, the National Bureau of Statistics said on Monday. August had marked the lowest reading since November 2011, as the world’s second-biggest economy struggles against cooling exports, factory output and fixed asset investment.
China manufacturing shrinks for 11th month
BEIJING (Reuters) – Manufacturing in China contracted for the 11th month in a row in September, according to a private sector survey of factory managers that indicated the world’s second largest economy remains on track for a seventh quarter of slowing growth.
The HSBC Flash China manufacturing purchasing managers’ index (PMI) showed activity stabilized in September after hitting a nine-month low in August, with the headline reading ticking up to 47.8 from 47.6 last month.
China manufacturing shrinks for 11th month-HSBC survey
BEIJING, Sept 20 (Reuters) – Manufacturing in China
contracted for the 11th month in a row in September, according
to a private sector survey of factory managers that indicated
the world’s second largest economy remains on track for a
seventh quarter of slowing growth.
The HSBC Flash China manufacturing purchasing managers’
index (PMI) showed activity stabilized in September after
hitting a nine-month low in August, with the headline reading
ticking up to 47.8 from 47.6 last month.
Analysis: China fattens pig farms to tame pork prices
JINHUA, China (Reuters) – The Jiahua pig farm in eastern Zhejiang province is on the frontline of China’s battle with food inflation, a prime example of how a shift in farming practices may someday stabilize the price of the nation’s favorite meat – and soothe a perennial headache for Beijing.
Pork prices are so volatile and have such an influence on inflation in the world’s second-largest economy that many Chinese joke that CPI stands for the “China Pork Index”.
Does history suggest China growth is about to rebound?
BEIJING (Reuters) – The last time China’s vast manufacturing sector had conditions like those in August it was March 2009 and the economy was about to rebound from the global financial crisis.
This time around analysts are not so certain a clear recovery for the major global growth engine will come anytime soon.
China, India service sectors counter downturn with steady growth
BEIJING/BANGALORE (Reuters) – The services sectors in emerging powerhouses China and India grew in July at a healthy pace, providing vital support for the two economies as their manufacturing sectors struggle with the global downturn.
China’s official purchasing managers’ index (PMI) for the services sector fell to 55.6 in July from 56.7 in June, while a similar private-sector survey sponsored by HSBC headed in the opposite direction, rising to 53.1 from a 10-month low in June of 52.3.
China services sector maintains healthy growth in July
BEIJING (Reuters) – China’s services sector expanded in July at a healthy clip, in contrast to a struggling manufacturing sector, although surveys released on Friday showed some signs of weakness in new orders and pressure from overcapacity.
China’s official purchasing managers’ index (PMI) for the services sector fell to 55.6 in July from 56.7 in June, the National Bureau of Statistics said. Growth in new orders eased, although construction services jumped.

