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China PMI factory data hints at upturn

Wednesday, October 31, 2012

WN.com - World News
Latest headlines from WN Network
China PMI factory data hints at upturn
Nov 1st 2012, 05:56

Both public and independent purchasing managers' indexes show signs of recovery in world's second-largest economy Chinese PMI manufacturing data shows a pick-up in trading. Photograph: AFP/Getty Images China's economy is finally regaining some traction, official and private sector factory surveys showed on Thursday, although they pointed to a sluggish recovery with the latter recording its 12th straight month of slowing growth....
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