The official purchasing managers’ index for manufacturing rose to a one-year high of 53.3 in April from 53.1 in March. It was also China’s fifth-straight month above the 50 level, which signals an expansion of activity.
http://link.ft.com/r/M2ZOXX/
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Tuesday, May 1, 2012
China PMI strengthens further in April
China PMI strengthens further in April An important gauge of China’s industrial sector strengthened slightly in April, suggesting that the country is on track for a soft landing.
The official purchasing managers’ index for manufacturing rose to a one-year high of 53.3 in April from 53.1 in March. It was also China’s fifth-straight month above the 50 level, which signals an expansion of activity.
http://link.ft.com/r/M2ZOXX/
The official purchasing managers’ index for manufacturing rose to a one-year high of 53.3 in April from 53.1 in March. It was also China’s fifth-straight month above the 50 level, which signals an expansion of activity.
http://link.ft.com/r/M2ZOXX/
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