china factory activity accelerated in december caixin
Last Updated : GMT 11:59:16
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 11:59:16
Egypt Today, egypt today

China factory activity accelerated in December: Caixin

Egypt Today, egypt today

Egypt Today, egypt today China factory activity accelerated in December: Caixin

Chinese factory activity accelerated in December.
Beijing - Egypt Today

Chinese factory activity accelerated in December, according to independent data released Tuesday, a positive indicator for the world's second-largest economy to kick off the new year.

The Caixin Purchasing Managers Index (PMI) -- an indicator of conditions at small manufacturers -- rose to 51.5 in December, up from 50.8 in November and the highest reading since August.

The official PMI indicator of 51.6 for December was released on Sunday by China's National Bureau of Statistics and showed a slight deceleration from November, although it largely maintained momentum.

A PMI figure above 50 represents growth while anything below points to contraction.

Caixin's index focuses on economic activity at small and medium sized enterprises, and its continued strength may reflect the resilient global demand for many of these exporting firms.

China's exports saw solid growth during the final months of last year.

"Manufacturing production continued to increase across China at the end of 2017" Caixin said in a statement with data compiler IHS Markit.

"Manufacturing operating conditions improved in December, reinforcing the notion that economic growth has stabilised in 2017 and has even performed better than expected" Caixin analyst Zhengsheng Zhong wrote.

"We should not underestimate downward pressure on growth next year due to tightening monetary policy and strengthening oversight on local government financing."

Caixin said firms used existing inventories of finished items to satisfy some new orders and cut slightly their inventories of finished goods.

Source:AFP

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china factory activity accelerated in december caixin china factory activity accelerated in december caixin



Egypt Today, egypt today Modern colorful bedroom renovation

GMT 12:15 2017 Thursday ,21 December

Modern colorful bedroom renovation
Egypt Today, egypt today Paris Fashion Week: John Galliano goes co-ed on the catwalk
Egypt Today, egypt today For the Variety of Interior Design Styles

GMT 22:35 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 16:10 2018 Friday ,14 December

Bahrain press headlines For 14 Dec 2018

GMT 11:06 2017 Saturday ,22 April

Cases of Hepatitis B and C Hit 325m

GMT 13:29 2018 Friday ,14 December

Turkey targets military over alleged Gulen links

GMT 18:27 2014 Saturday ,27 December

Internet outage in area between Cairo, Kafr el-Dawwar

GMT 09:21 2011 Saturday ,15 October

Graveyard issue takes long

GMT 11:53 2012 Friday ,17 August

The new Bahia ring

GMT 12:40 2017 Monday ,25 September

UAE greet Saudi King on National Day

GMT 15:27 2015 Sunday ,06 December

27 Indian scholarships to Egyptian researchers

GMT 11:33 2016 Wednesday ,21 September

Ivorian hero Cisse targets Tokyo 2020 after Rio gold

GMT 01:59 2016 Wednesday ,08 June

Dad Bowie would have been proud

GMT 12:32 2017 Wednesday ,25 October

LEO (July24th-August23rd)

GMT 06:47 2011 Wednesday ,23 November

The truth about being married

GMT 21:16 2011 Monday ,21 February

26 dead in north Afghan suicide blast

GMT 05:20 2017 Thursday ,09 February

Ex-Knick Oakley arrested after altercation at NBA game

GMT 17:15 2017 Friday ,05 May

Pleasant weather conditions expected

GMT 11:36 2015 Monday ,02 March

Abu Dhabi became centre of innovation

GMT 08:50 2017 Sunday ,19 November

Daesh not dead yet but ‘caliphate’ dream

GMT 14:02 2017 Monday ,06 February

Top tech companies argue against Trump travel ban

GMT 12:04 2016 Tuesday ,26 April

Tourism Malaysia launches new tourism campaign

GMT 09:00 2016 Friday ,15 July

Messaging app Line skyrockets

GMT 17:01 2018 Tuesday ,23 January

'The Shape of Water' leads Oscar nominations with 13

GMT 08:22 2018 Friday ,19 January

Emirates announces $16 bn deal
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday