Moreover, export and shipbuilding orders are down. The closely watched HSBC purchasing managers' index, at its record lowest point, is close to negative territory and headed south.

另外，出口和造船订单减少，备受关注的汇丰银行采购经理人指数下滑，逼近负值区域，创下新低。

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The HSBC purchasing managers' index showed a final reading of 49.5 in October, an increase from 47.9 in September.

BBC: China manufacturing activity at three-month high

The preliminary HSBC Purchasing Managers' Index (PMI) for May fell to 49.6.

BBC: Business

The preliminary reading of HSBC's Purchasing Managers' Index (PMI) fell to 50.5, from 51.6 in March.

BBC: China manufacturing activity growth slows in April