Saturday, September 29, 2012

Voice of America: China’s Manufacturing Declines

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
China's Manufacturing Declines
Sep 29th 2012, 12:17

A business survey in Beijing shows September marks the 11th straight month of decline for Chinese manufacturing. Export orders also fell in September at the sharpest rate in 42 months amid weak international demand. The HSBC Managers Index measures manufacturing activities on a 100-point scale on which numbers below 50 show a contraction.  The index for September was 47.9, up slightly from 47.6 in August. An HSBC economist said the sharper contraction of new export orders and the ...

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