Business World

Wednesday 17 September 2014

Manufacturing in China on the rise

Published 01/01/2013 | 09:10

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ACTIVITY in China's vast manufacturing sector hit its fastest pace in December since May 2011, a survey of private factory managers showed, with new orders pointing to continued strength in the new year.

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The final reading for the HSBC Purchasing Managers' Index rose to 51.5 in December, well above November's reading of 50.5.

A complementary December survey by China's National Bureau of Statistics, due to be published today, is expected to show similar signs of manufacturing strength.

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