Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  January 03, 2013 09:20:15

China - the manufacturing sector increases further

China PMI in services grew from 55.6 to 56.1, thus confirming the improving state of the Chinese economy. Non-manufacturing sector in China becomes increasingly important to how the structure of the local economy gradually approaching the structure of the economy of developed countries. Level of both the manufacturing and non-manufacturing PMI remains the historically relatively low, but the trend is certainly encouraging. When last could be in China this year to become driving force of the world economy.

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