Chinese Data Suggest Slow down says Rba's Stevens

  • Australian C band Gov. Stevens said that recent Chinese data suggest slow down in Asia's largest economy and big buyers of Australian commodities


  "One caution I'd offer is that we typically read a PMI level below 50 as meaning they're contracting, but what it means (for China is) they're growing slower than average if you calibrate that carefully,"

Glenn Stevens,  Governor, RBA