China October Non-Manufacturing PMI 53.8

The video discusses the decline in China's services PMI to 53.8, the lowest since January, indicating a slowdown in economic growth despite relaxed property curbs. The manufacturing PMI is also covered, with the official PMI at 50.8, the lowest since May, and the HSBC PMI expected soon. Both PMIs show a slowing pace, affecting the growth target of 7.5% for the year.

What was the services PMI for October, and how does it compare to the previous month?

• 54.4, which is lower than the previous month

• 54.4, which is higher than the previous month

• 53.8, which is higher than the previous month

• 53.8, which is lower than the previous month

What does a PMI above 50 indicate?

• Expansion

• Recession

• Contraction

• Stagnation

What was the official manufacturing PMI for October, and how does it compare to previous months?

• 51.2, the lowest since May

• 51.2, the highest since May

• 50.8, the lowest since May

• 50.8, the highest since May

What is the significance of the HSBC manufacturing PMI?

• It focuses on private sector manufacturers

• It surveys state-owned enterprises

• It is a larger survey than the official PMI

• It is conducted monthly by the government

What was the preliminary HSBC manufacturing PMI number, and what does it indicate?

• 50.4, indicating expansion

• 51.0, indicating contraction

• 51.0, indicating expansion

• 50.4, indicating contraction