Fresh data showing China's economy on a slightly better footing this month with Beijing's targeted stimulus programs keeping the factory engines running. The HSBC/Markit manufacturing flash PMI for September came in at 50.5, slightly faster than August levels with stronger export orders. But the employment sub-index dropped to 46.9, its lowest level since early 2009 at the height of the last economic crisis.
China Factories Chug Along But Employment Still Sluggish
Business - Boston.com, Boston Globe: Business
Mon, 09/22/2014 - 11:50pm
BING NEWS:
- China’s Economy, Propelled by Its Factories, Grew More Than Expected
By Keith Bradsher and Alexandra Stevenson Reporting from Beijing The Chinese economy grew more than expected in the first three months of the year, new data shows, as China built more factories ...
04/15/2024 - 3:00 pm | View Link - As supply chains shift away from China, others get their own economic miracles
Much of this manufacturing takes place in the Yangtze and Pearl River deltas, where factories and industrial estates, roads, bridges, ports, railways and other infrastructure combine with a large ...
04/14/2024 - 4:29 am | View Link - More
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