Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Here Comes HSBC China PMI...

Mamta BadkarApr 1, 2014, 06:47 IST

REUTERS/Bobby Yip

HSBC China manufacturing PMI for March is out at 9:45 p.m. ET.

Economists polled by Bloomberg are looking for PMI to hold steady at 48.1. A reading below 50 indicates contraction.

The current reading puts manufacturing at an eight-month low. Moreover the weakness in the report was broad-based.

HSBC economist Hongbin Qu has previously said that he expects that policymakers would announce measures to stabilize growth.