Asia Flash | 23 April 2013: China Flash PMI adds to growth concern; Southwestern China is struggling in earthquake aftermath; India pegs GDP growth at 6.4%; Taiwan's IP and export orders disappoint
Published on Tuesday, April 23, 2013
Asia Flash | 23 April 2013: China Flash PMI adds to growth concern; Southwestern China is struggling in earthquake aftermath; India pegs GDP growth at 6.4%; Taiwan's IP and export orders disappoint
Summary
Another disappointing activity indicator in China – today’s Flash HSBC PMI (below) – sent Asian markets downward. The commodity-sensitive Australian dollar also fell to around 1.025 against the USD.
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