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Showing 11 - 20 of 24 results for "NBS"

Chief economist update: Iron ore on the up and up

BENJAMIN ONG  |  MONDAY, 1 JUL 2019
... from 85.03 million tonnes in April and 81.13 million tonnes in May a year ago, data from the National Bureau of Statistics (NBS) showed." China's steel mills production has increased by 10.0% in the year to May, while slower than the 12.7% annual ...

Chief economist update: China stitches it in time

BENJAMIN ONG  |  TUESDAY, 2 APR 2019
... it. Latest data show that China's manufacturing sector is back in expansion. The official National Bureau of Statistics (NBS) China manufacturing PMI increased to a reading of 50.5 in March after dropping to a three-year low of 49.2 in the previous ...

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
... consecutive month of decline and the weakest reading since February this year). According to the National Bureau of Statistics (NBS) this is due to intensifying trade tensions, weaker domestic demand and adverse weather. While the latest reading indicates ...

China's inflation lift indicates strong demand

BENJAMIN ONG  |  FRIDAY, 10 NOV 2017
... yuan ($3 million) reported profits of 5.58 trillion yuan in the first nine months, up 22.8% from a year earlier, previous NBS data showed." While the rising pressure on consumer and producer prices suggests that the People's Bank of China (PBOC) could ...

Expansion everywhere

BENJAMIN ONG  |  TUESDAY, 3 OCT 2017
... survey you subscribe to - Caixin's China manufacturing PMI slowed to 51 in September from 51.6 the month before; the official NBS survey rose to 52.4 from 51.7 in August - but the indication remains the same - the manufacturing sector remains in expansion ...

China industrial profits surge

BENJAMIN ONG  |  THURSDAY, 28 SEP 2017
... Politburo's achievement of its overriding goals should the acceleration in profits continue. China's National Bureau of Statistics (NBS) reports that industrial profits jumped by 24% in the year to August, significantly faster than the previous month's ...

Not so happy EOFY for the All Ords

BENJAMIN ONG  |  MONDAY, 3 JUL 2017
... domestic equity market is the improving outlook for Australia's biggest export market - China. The National Bureau of Statistics (NBS) reported that China's manufacturing PMI rebounded to a reading of 51.7 in June after slowing to 51.2 in April and May ...

China slowing to target

BENJAMIN ONG  |  WEDNESDAY, 3 MAY 2017
... China's manufacturing sector and suggesting a weak start to the second quarter. China's official National Bureau of Statistics (NBS) manufacturing PMI fell to a reading of 51.2 in April from 51.8 in March. While this marked the 9th consecutive month ...

China price rises

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2017
... remains below the PBOC's 3.0% target. Moreover, this isn't likely to last for according to the National Bureau of Statistics (NBS), much of the increase in consumer prices in January was due to higher food and travel costs heading into the Lunar New ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 2 NOV 2016
... depreciation lifted both new export orders and input costs (to a 69-month high). China manufacturing PMI Both the official NBS and Caixin's China manufacturing PMI surveys beat expectations in October. The official NBS manufacturing PMI increased to ...