AOL Television

China Factory Rebound a Gift to Reform-Hungry Leaders

  • Released: 2013
    • Length:
    • Plays: ???
Synopsis >

As President Xi Jinping prepares to enact key economic reforms, an improving manufacturing sentiment is giving the green light to changes from the Chinese government. Official PMI coming at 51.4 for October, well above the 50 break-even point and above forecasts. If we turn on the HSBC/Markit iteration which focuses on the private sector, it improved to 50.9, a nice gain on September, marking a 7-month high.

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