China’s manufacturing sector hits four month high, boosting stocks

By Sophie Chapman
The manufacturing industry in China successfully beat its predicted forecasts in the final months of 2017. According to the Caxin-Markit manufacturing...

The manufacturing industry in China successfully beat its predicted forecasts in the final months of 2017.

According to the Caxin-Markit manufacturing purchasing mangers’ index, Decembers rating was a rapid increase, rising from 50.8 in the previous month to 51.5.

This makes December the fastest growing rate for China’s sector in four months.

Output, new orders, and exports were some of the fastest-paced sales at the end of last year.

SEE ALSO:

In regards to pricing, inflationary pressures continued at the top, with input costs increasing rapidly.

The Hang Seng China Enterprises index of large-cap Chinese companies rose 2.3% following this discovery, according to the Financial Times.

The CSI 300, an index that monitors large company trading in Shanghai and Shenzhen, also climbed 0.8%.

Following information technology stocks rising by 2.6% and financials increasing by 1.7%, the Hang Sang index subsequently increased by 1.5%.

Share

Featured Articles

India’s smart manufacturing electric vehicle future

Indian IT service Panache Digilife has announced a manufacturing and supply chain agreement with electric vehicle manufacturer Revamp Moto

Manufacturing a legacy of safety, sustainability, and skill

Michael Vale, Group President for 3M’s safety & industrial business, explores diversity & environmental stewardship in manufacturing

5 minutes with: Simon Michie, Pulsant CTO

Simon Michie, CTO at Pulsant, explains why edge computing will transform manufacturing operations, but success will depend on having partnerships in place

Microsoft’s Çağlayan Arkan explores the supply chain

Procurement & Supply Chain

Elisabeth Brinton on the Microsoft Cloud for Sustainability

Technology

Aiimi’s Head of Solution Engineering Matt Eustace on risks

AI & Automation