Tuesday, December 4, 2012

Consumer survey adds evidence of China soft landing, economy revival





Consumer sentiment in China has risen to its highest level in almost five months, a new survey showed on Tuesday, further evidence of signs of a pickup in the world's second largest economy.


The MNI China Consumer Sentiment Indicator rose to 95.5 in November from 92.3 in October, marking a second straight month of gains, according to the report issued by MNI, a unit of Deutsche Boerse Group.


The group said the gains were broad-based, including current personal finances, the economic outlook, and the willingness to purchase household durable goods.









via Business feed http://www.scmp.com/business/economy/article/1097195/consumer-survey-adds-evidence-china-soft-landing-economy-pickup

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