Separately, the January import price index rose 1.7%, higher than expected, while the export price index rose 1.2%.
CLSA's new export orders index plummeted to 28.2 in November, from 44.3 in October.
Moreover, China has been able to partially pass through inflation to other countries, as the export price index has risen by 11.9% since last September.
FORBES: What the US Might Do About China's "Go Slow" Approach to Revaluing the Renminbi
The Flash Index had gloomy news on this front as well: the new export sub-index came in at 44.7.
The export orders sub-index showed a contraction in December from November.
However, Thursday's HSBC data showed exports had stabilised in January, with the export orders sub-index rising to 50.1 - indicating fractional expansion - up from 49.2 in December.
BBC: China manufacturing activity at two-year high, says HSBC
This has been the case with China, which has been showing remarkable improvement in its export-oriented HSBC Purchasing Managers Index.
FORBES: Why Resource Investors Can Expect Sunnier Days Ahead
Ample supplies of wheat and rice helped to keep the index, which tracks export prices, 10% below its peak in February 2011.
U.S. economic data due for release Tuesday includes retail sales, the NFIB small business optimism index, import and export prices, the Goldman Sachs and Johnson Redbook retail sales reports, and manufacturing and trade inventories.
FORBES: Comex Gold Weaker on Technical Selling, Firmer U.S. Dollar
U.S. economic data due for release Tuesday includes the NFIB small business index, the weekly Goldman Sachs chain store sales index, import and export prices, the weekly Johnson Redbook retail sales report and the monthly Treasury budget statement.
FORBES: Comex Gold Higher on Bargain Hunting, Weaker U.S. Dollar Index
U.S. economic data due for release Tuesday includes the weekly Goldman Sachs chain store sales index, new residential construction, import and export prices, the weekly Johnson Redbook retail sales report, and industrial production and capacity utilization.
FORBES: A.M. Kitco Metals Roundup: Comex Gold Solidly Higher Following Weak Euro Zone Economic Data
Friday: The economic calendar is relatively heavy with the release of export and import prices along with the preliminary University of Michigan consumer sentiment index.
The new orders index fell marginally to 52.7 from 52.9, but new export orders rose 0.9 to 50.1.
The HSBC purchasing managers index, or PMI, is compiled after polling around 400 manufacturing firms which tend to be more export-orientated than those surveyed in the official PMI from the National Bureau of Statistics.
应用推荐