China’s official PMI, the bellwether of large industrial firms, declined to 50.1 in December, the lowest level in 2014, higher than the market consensus of 50.0, according to data released by China’s National Bureau of Statistics. The output sub-index fell by 0.3 percentage points to 52.2, and the new order sub-index declined by 0.5 percentage […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

China’s official PMI, the bellwether of large industrial firms, declined to 50.1 in December, the lowest level in 2014, higher than the market consensus of 50.0, according to data released by China’s National Bureau of Statistics. The output sub-index fell by 0.3 percentage points to 52.2, and the new order sub-index declined by 0.5 percentage […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Customs officers have seized about 2.2kg of cocaine worth $2.13 million at the airport and arrested a 50-year-old man.

He arrived in Hong Kong from Sao Paulo, Brazil via Addis Ababa, Ethiopia yesterday.

Officers found the drugs in false compartments of the rucksack he was carrying.

The man will be charged with drug trafficking and will appear at Tsuen Wan Magistracy tomorrow.

Police are investigating a Sha Tin traffic accident in which a 20-year-old motorcyclist died.

He lost control of his motorcycle on Sui Wo Road at about 4.15pm today, ramming into an iron pole.

He was sent to Prince of Wales Hospital where he died at 4.47pm.

Witnesses should call Police on 3661 1300.