China’s manufacturing activity falls to a 32-month low
1 December 2011
“The success of its manufacturing sector has been key to China’s economic growth in the past few years.
However, recent economic problems in two of its biggest export markets – the US and Europe – have raised concerns about whether the sector can maintain its growth pace…
The BBC’s Damian Grammaticas in Beijing said that even though China’s economy was still expanding, the slowdown in the pace of growth was faster than expected.
He said the authorities were now “concerned about how to keep China’s economy from slowing too fast”.
From BBC Business – See the full Article