Skip to content

Tag Archives: China’s Purchasing Managers’ Index

China’s Economy Recovering

02-Sep-09

An expansion of China’s manufacturing sector has added to indicators that a sustainable recovery is on the horizon for the world’s number 3 economy. According to the China Federation of Logistics & Purchasing, China’s Purchasing Managers’ Index (PMI) rose to a 6-month high of 54.0 in August, from July’s 53.3. The improvement in the sector [...]