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China official manufacturing PMI to show signs of stabilisation

Friday, June 26, 2015 4:56 AM UTC

Recent measures by China's authorities, such as scrapping the 75% loan-to-deposit ratio cap and resuming liquidity injections via the 7-day reverse repo rate, will likely support liquidity and encourage bank lending over the coming quarters.
The impact of previous easing has also begun to be seen as growth indicators stabilise.

"The official manufacturing PMI due to be released on 1 July inched up to 50.3 in June from 50.2 in May", says Standard Chartered

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China official manufacturing PMI to show signs of stabilisation

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