Friday, September 21, 2012

China's manufacturing activity shrinks for 11th consecutive month





Manufacturing activity on the mainland shrank for the 11th consecutive month this month, a survey showed yesterday. The fall was but less steep than last month, when the contraction was the sharpest in nine months,


Economists believe economic growth will remain subdued before showing improvement in the fourth quarter as the government's easing steps gradually take effect.









via Business feed http://www.scmp.com/business/economy/article/1041915/chinas-manufacturing-activity-shrinks-11th-consecutive-month

No comments:

Post a Comment