GlobalAutoTV
HR Issues in China
Joseph Pernaselli
Click to watch Joseph Pernaselli - HR Issues in China
Click to watch Joseph Pernaselli - HR Issues in China
china resources


Need an office in China? Office suites, meeting rooms, virtual offices, network access



free downloads
CHINA: "Chinese employers report solid hiring intentions" Q3 2011 report

CHINA: "Chinese employers report solid hiring intentions" Q3 2011. 25-page report by Manpower China.

proceed to download
eJournals






back to index backCHINAtalk December,  2016


Manufacturing Activity In China Shifts Into Overdrive

A wave of positive economic data suggests the Chinese economy is stabilizing and that business confidence is improving.

The country’s purchasing managers’ index (PMI), which measures the health of its manufacturing industry, rose to 51.2 in October, handily beating economists’ estimates of 50.3.

Expanding at its fastest pace since July 2014, the industry was stimulated by a strong rebound in new orders and higher commodity prices. Output rose to an incredible five-and-a-half-year high. And with backlogs of work beginning to pile up, manufacturers trimmed employees at the slowest pace in 17 months.

I’ve previously written about the importance of tracking the PMI.

Also encouraging is the country’s third-quarter gross domestic product growth, which came in at 6.7 percent for the third straight quarter, all but assuring investors that the economy can achieve the government’s earlier guidance of between 6.5 percent and 7 percent. Higher business confidence helped maintain steady growth, as proved by the rebound of medium to long-term corporate loans and reacceleration of private investment growth,” according to Singapore-based OCBC Bank.

To read entire article, please click here.

Source: Forbes - GAI






previous page

go top
search our site


Loading

CHINAtalk

Other articles from the same issue (December,  2016).

Experts: Lower barriers for foreign auto companies to make domestic firms competitive
play read on

A new relationship – people and cars in China
play read on

Chinese Automakers Go High Tech & Premium Price in Global Push, Rejecting the Japanese Approach
play read on

Connected car report 2016: Opportunities, risk, and turmoil on the road to autonomous vehicles
play read on

The Chinese Automotive Industry – Opportunities in Diversity
play read on

China electric car market yet to mature
play read on

China rolls out 5-year plan for intelligent manufacturing
play read on

China struggles to steady RMB decline
play read on

The Case For Optimism In China's Machinery Market: Premiumization, Services and Local Competitors
play read on

China challenges US, EU on market economy status
play read on

Though Awash in Fakes, China Rethinks Counterfeit Hunters
play read on

European Companies With Chinese Supply-Chains Brace for New Anti-Dumping Framework
play read on

China: New work authorization policy on expats
play read on

EU companies in China hit by new exchange rules
play read on

More expats allowed to open "free-trade accounts'
play read on

Shanghai FTZ to step up monitoring of capital flows to stabilise the yuan, PBOC says
play read on

China to improve manufacturing via innovation
play read on

Manufacturing Activity In China Shifts Into Overdrive
play read on

China: SAT’s new rules on advance pricing arrangements reflect its new thinking on tax administration
play read on

Three ways executives in China will adapt to new market realities
play read on

Winning the War for Auto Talent in China's "New Normal"
play read on

International Tax Review - China Looking Ahead (6th Ed)
play read on

Standardization and normalization of "Thousand Groups Project": A new stage of tax administration on large business groups
play read on

China to build modern international road transport system by 2020
play read on

Survey Finds Most Hong Kong CEOs Under-Utilising Social Media to Grow Businesses
play read on

China to loosen employment laws in face of slowdown
play read on

China Poised to Drive Global Adoption of Industrial Automation
play read on

Key Points on the Reorganization/Establishment of State-owned Capital Investment Companies and State-owned Capital Operating Companies
play read on

China promises to open FDI rules
play read on

China's industrial output expands 6.2% in November
play read on

European businesses say quality of life key to Shanghai's future
play read on


Our Free eJournals
GlobalAutoExperts

To visit GlobalAutoExperts Directory, click here.


©2008 GlobalAutoIndustry.com | HCI Group, Ltd.
101 West Big Beaver Road, Suite 1400 | Troy, MI 48084 USA
USA Tel: +1.248.687.1060 | USA Fax: +1.248.927.0347
Fax UK: +44.(0)845.127.4765 | Fax Europe: +31.20.524.1659 | Fax Asia: +852.3015.8120