2 indicators suggest China's economic rebound flattening

03/3/2013 | Caijing Magazine online · Forbes

China's economic expansion cooled in February, according to two indicators that may point to reduced growth prospects early in the new year. The official purchasing managers' index eased to 50.1 from 50.4 in January, and the HSBC Flash PMI dropped to 50.4 from 52.3. "February's PMI continued to tread lower, indicating economic growth is set to shift from a rebounding trend to that of stabilization," said analyst Zhang Liqun of the Development Research Center, a state think tank.

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Caijing Magazine online · Forbes

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