China February HSBC Manufacturing PMI Falls
  • Elizabeth George
  • Mar 03 2014

March 3: China’s HSBC Manufacturing Purchasing Managers' Index (PMI) fell to a seven-month low of 48.5 in February, the third straight monthly decline, from January's 49.5. Leif Eskesen, Chief Economist India & ASEAN at HSBC, speaks about the reasons for the decline, expectations from the NPC meet, the need for sustainable economic growth and the depreciation and volatility in the currency.