By Ryan Woo and Tina Qiao BEIJING (Reuters) -China's factory activity expanded for the first time in six months in September, an official survey showed on ...
BEIJING -China's factory activity expanded for the first time in six months in September, an official factory survey showed on Saturday, adding to a run of indicators suggesting the world'sChurch Brewing: where the customers are the congregation and the choir | SaltWireBEIJING -China's factory activity expanded for the first time in six months in September, an official survey showed on Saturday, adding to a run of indicators suggesting the world's second-largest economy has...
Preliminary signs of improvement had emerged in August, with factory output and retail sales accelerating while declines of exports and imports narrowed and deflationary pressures eased. Profits at industrial firms posted a surprise 17.2% jump in August, reversing July's 6.7% decline. The composite PMI, including manufacturing and non-manufacturing activity, climbed to 52.0 in September from 51.3.
China Evergrande Group, the world's most indebted property developer with more than $300 billion in liabilities, said on Thursday its founder was being investigated over suspected"illegal crimes".
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