CRI听力:HSBC Flash China PMI at Seven-month High

HSBC's preliminary reading for the Purchasing Managers' Index in the manufacturing sector is now showing expansion.

The flash PMI has come in at 50.8, which is the first time the PMI for manufacturing has shown expansion in 6-months.

Last month's HSBC PMI reading came in at 49.4.

50 is the cut-off line between contraction and expansion.

For more on the PMI readings, we are now joined on the line with Benjamin Cavender, principal at China Market Research in Shanghai.

Q1: What factors are driving the increase in China's PMI? (Are the government's mini-stimulus measures effective?)

Q2: Is the trend expected to last, showing that the Chinese economy is stabilizing?

Q3: What does this mean for monetary and fiscal policy in China in the coming months?

Q4: What's your expectation of the official PMI figure, as the official reading is weighted more toward bigger State-owned enterprises, while the HSBC survey includes more smaller private firms?