
The news comes after the world’s second largest economy has taken significant steps to boost its economy after its growth rate slowed for two quarters in a row.
"We are seeing clearer signs of economic conditions improving," said Haibin Zhu, chief China economist at JP Morgan in Hong Kong. "The recent shift in policy stance and more concrete policy announcements have been key reasons behind the recovery in the sector.”



Hanseatic-APAC-Manufacturing-Sep13-Bro-s.pdf





