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
...
...
仪征市| 沙河市| 许昌县| 苍山县| 灌云县| 温泉县| 石棉县| 七台河市| 新乐市| 柳江县| 达拉特旗| 定襄县| 江安县| 莱阳市| 温宿县| 平和县| 贞丰县| 甘南县| 永川市| 河曲县| 双峰县| 杂多县| 鸡西市| 鄱阳县| 盐边县| 宽甸| 嫩江县| 崇州市| 博客| 巴林左旗| 林州市| 揭阳市| 思茅市| 马边| 萝北县| 怀宁县| 定陶县| 远安县| 南丹县| 小金县| 合山市|