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Manufacturing soars in China
2 Nov 2009Chinese manufacturing grew at its fastest rate for 18 months in October according to a survey out today.
HSBC's China purchasing managers' index rose from 55 in September to 55.4 in October, marking its seventh successive month above the key 50 mark which signals growth rather than contraction.
The news helped to push Shanghai share prices almost 3% higher.
Reader views (1)
What I don't understand is why I cant buy a Cheap Chinese Car, they make 10 million cars a year, our toy and other shops are full of Chinese goods, if they can bring in Korean,Japanese,etc cars, whats wrong with China. But I forget, the Chinese have a car factory over here when they bought out MG. So hopefully they will start importing "components" for assembly over here.
- Nosmo King, Tebay, 02/11/2009 12:32
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