Chinese inflation data for February is out at 8:30 p.m. ET. Analysts polled by Bloomberg are looking for consumer prices to rise 3 percent on the year, compared with 2 percent the previous month. The reason this data is important is because consensus reflects a rising inflation trend, one that policymakers are always watching closely. […]
Chinese imports fell 15.2 percent year-over-year in February, missing economists’ expectations for an 8.5 percent decline. This compares with a 28.8 percent rise in January. But Chinese exports crushed expectations again rising 21.8 percent on the year, against consensus for an 8.1 percent rise. The trade balance narrowed to $15.25 billion, but was above expectations […]
Filed under: Investing Chinese Manufacturing Slows China’s economy has recovered, or perhaps it has not. The results continue to ping-pong around. The latest data released by HSBC and Markit show preliminary PMI for February for the People’s Republic was only 50.4. A reading of 50 is the demarcation between expansion and contraction. Expansion has been the trend over the […]