JUST IN #China November official #PMI
Manufacturing PMI 48.0 [Est.49.0 Prev.49.2]
Non-Manufacturing PMI 46.7 [Est.48.1 Prev.48.7]
Composite PMI 47.1 [Prev.49.0] #manufacturing#EconTwitter π¨π³ 1/ Thread
China's NBS:
Production and demand continue to slow down on both ends. The pandemic has cast negative impacts on the operations of some enterprises, with production activities slowing down and product orders decreasing. #manufacturing#EconTwitter π¨π³ 2/ Thread
China's NBS:
46% of surveyed medium-sized enterprises and 58.8% of small enterprises are reflecting financial constraints and lack of market demand, with 0.8 and 1.9 PPS higher than in October, reflecting greater pressures on SMEs. #manufacturing#EconTwitter π¨π³ 3/ Thread
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China's #Zhengzhou City: Residents who take public transportation such as buses, subways, and taxis need to hold 48-hour nucleic acid test negative certificate and green health code. #COVID19
China's #Zhengzhou City: Many citizens were infected in process of shopping and purchasing in this round of epidemic. Personal protection must be done when going shopping. Citizens are recommended to reduce time of staying outside during shopping. #COVID19
#Beijing City: Report 2,126 new local Covid cases during 15 hours to 3pm on Tuesday. Current development of epidemic is still in a relatively rapid period. Epidemiological investigation work needs to be further speeded up and improved in quality and efficiency.
#Guangzhou City: Epidemic in Tianhe District is developing rapidly. Risk of community transmission continues to increase. #Shanghai City: Add 13 high-risk areas for Covid after reporting 12 new local cases.
#Guangzhou City: 9 manufacturing companies in control areas of Haizhu District have applied for resumption of work and production. Overall resumption rate of Pazhou enterprises has reached 51%. #Shanghai City: To lift controls in 21 high-risk areas from Nov 30.
China securities regulator CSRC says to adjust and optimize 5 measures in terms of equity financing for property developers with immediate effect. #China#property csrc.gov.cn/csrc/c100028/cβ¦
China CSRC: Will resume M&As and supporting financing for real estate-related listed companies. Will resume refinancing of listed real estate enterprises and listed companies related to real estate. Will allow listed real estate companies to refinance in a non-public manner.
China CSRC: Will adjust and improve the listing policy of real estate enterprises in overseas markets. Will resume refinancing of H-share listed companies with real estate as their main business. #China#property
China's foreign minister Wang Yi on Xi-Biden meeting: Meeting achieved goals of in-depth communication, clarifying intentions, drawing red lines, preventing conflicts, specifying directions, and discussing cooperation. #Chinaπ¨π³#USπΊπΈ
China's Wang Yi: Exchanges between two leaders were comprehensive, in-depth, candid, constructive, and strategic. Meeting covered most important aspects of bilateral relations and most urgent regional and global issues. #Chinaπ¨π³#USπΊπΈ
China's Wang Yi: Two leaders attached great importance to global significance of China-US relations, both hoped to promote stabilization of bilateral relations, and both agreed to strengthen communication and exchanges and promote practical cooperation. #Chinaπ¨π³#USπΊπΈ