Supply Chain Council of European Union | Scceu.org
Operations

Chinese Consumers Add Fuel to Factory-Led Economic Recovery

BEIJING—China’s factory-led recovery enjoyed an extra boost last month as Chinese consumers stepped up to make big-ticket purchases, pushing up home prices and auto-sales numbers and prompting economists to increase their growth outlook for the world’s second-largest economy.

Official Chinese economic data released Monday showed improvement across a variety of indicators, including in its headline jobless rate, raising optimism for the global economy even as recessionary anxieties loom over much of the developed world and…

Related posts

LEGO prepared to distance itself from Virginia governor’s policies ahead of factory opening

scceu

Indian iPhone Factory Attacked by Angry Workers

scceu

Major fire breaks out at factory in Landhi Export Processing Zone

scceu