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

India’s factory activity contracts for third straight month in June

scceu

How Robotics can transform the Middle East’s supply chain | Digital Factory – Manufacturing Global

scceu

Factory farming will kill us

scceu