国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

Slack property market takes toll on services

By ZHENG YANGPENG (China Daily) Updated: 2014-08-06 07:14

Slack property market takes toll on services

Liu noted that the official services PMI had declined for a second consecutive month. A survey by the National Bureau of Statistics found that services activity, as measured by the index, slowed to 54.2 in July from 55 in June and 55.5 in May. The official PMI is weighted more toward large State-owned enterprises.

Responding to the unexpected fall in the services PMI, the Shanghai Composite Index on Tuesday fell 0.2 percent to 2,219.95 points, after jumping 1.7 percent a day earlier.

China Vanke Co slid 2.1 percent in Shenzhen after sales dropped to 13.3 billion yuan ($2.15 billion) in July from 19.4 billion in June. Poly Real Estate Group Co retreated 1.7 percent. A measure of developers in the Shanghai index dropped 0.8 percent.

A major reason for the rally in the stock market last week was the upbeat manufacturing data. In July, both the official manufacturing PMI and the HSBC/Markit index reached their highest levels in many months. But even those numbers contained cause for concern.

A report by the macroeconomic research team at China Merchants Bank Co Ltd said despite rallying manufacturing PMI data, the recovery remained fragile. Sub-indexes of the PMI showed that companies are cautious about increasing inventories and staff, and cement and electricity production showed signs of weakness.

Slack property market takes toll on services

Slack property market takes toll on services

East China city lifts home purchase limit Housing market faces price corrections, says think tank

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
潮安县| 鄂温| 竹溪县| 广平县| 林甸县| 祁门县| 陆川县| 文山县| 石泉县| 安平县| 漾濞| 华亭县| 朝阳区| 湟中县| 秦安县| 阿合奇县| 斗六市| 永靖县| 玉溪市| 资兴市| 友谊县| 闻喜县| 永平县| 临颍县| 松阳县| 云林县| 东兰县| 武夷山市| 花莲市| 洪江市| 大余县| 兰州市| 武汉市| 大连市| 富顺县| 平顺县| 大竹县| 社会| 永泰县| 荃湾区| 闽侯县|