#3 - China Manufacturing PMI Slows

^{1st December - Shock Value 7.2 / 10}

What Happened:  

Why It Matters:  

What Happens Next? 

   

• China Nov Manufacturing PMI Disappoints Down 0.2pts to 49.6
• Orders Down 0.3pts to 51.9 with Export Orders Down 1pt to 46.4
• Output Down 0.3pts to 51.9, with Work Backlogs Down 1.4pts to 43
• Expectations Drop 4.2pts to 48.3, and Employment Falls 0.2pts to 47.6, Weakest Since Jan 2012
• Large Cos up 0.2pts to 51.2, Small Cos Down 1.8pts to 44.8, Medium-Sized Cos Down 0.4pts to 48.3