Finally, some good news on manufacturing – from China

Marketplace Contributor Oct 24, 2012
HTML EMBED:
COPY

Finally, some good news on manufacturing – from China

Marketplace Contributor Oct 24, 2012
HTML EMBED:
COPY

It may be too early to say the Chinese economy is bouncing back, but there is some good news this morning on the world’s second largest economy.

According to the British bank HSBC, a measure of manufacturing activity in China rose in October to a three-month high. The United Nations is also reporting that China passed the US as the top recipient of foreign direct investment in the first half of the year. That’s the first time that’s happened since 2003.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.