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

Quotes


  "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