Thursday, 31 January 2013

Economy News Headlines - Yahoo! News: China factories in mild rebound amid patch Asia recover

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.
China factories in mild rebound amid patch Asia recover
Feb 1st 2013, 05:56

A labourer smokes as he works at a steel market in WuxiBEIJING (Reuters) - Asia's manufacturers face a challenging business climate in the coming months, a clutch of surveys suggested on Friday, with China's vast factory sector managing only a shallow rebound at the start of 2013 as feeble foreign demand dragged on sales. Two separate versions of China's purchasing managers' index (PMI) showed on Friday that factory output in the world's second-biggest economy rose in January, but the pace of the revival in activity was uneven. The patchy nature of the recovery on Chinese factory floors was repeated in other PMI releases across Asia. ...


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