Economists are optimistic for China’s manufacturing industry despite declining production rates, based on a steady rise in market shares. The latest numbers show the Hang Seng Index is up by 1.1 percent at 21,673.21 points, a recent high. The latest financial numbers come on the heels of the industry’s eighth consecutive month of slow production. Experts believe the slight increase in market shares is based on the expectation that the Chinese government will provide stimulus relief for the waning sector. Officials have not yet responded regarding plans for support.
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