Encouraging Signs n Chinese Manufacturing Data.

The article reports on the findings of the two surveys conducted by the China Federation of Logistics and Purchasing and HSBC on the slow pick up of giant Chinese economy after months of deceleration. Results of the surveys reveal that manufacturing conditions had better overseas demand to companies making products like garments. According to an economist t J. P. Morgan, it reflects the impact of policy easing that has accelerated since May 2012, including pick-up in fiscal expenditure.