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BBC News – China’s manufacturing activity at 16-month high

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China’s manufacturing activity picked up speed in August, hitting a 16-month high, allaying some fears of a sharp slowdown in its economy.

The official Purchasing Managers’ Index (PMI) rose to 51 from 50.3 in July.

The PMI is a key gauge of the sector’s health and a reading above 50 indicates an expansion.

China, the world’s second-largest economy, has taken various 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.

via BBC News – China's manufacturing activity at 16-month high.


Born in 1964, business owner, from Woodbridge, VA, owns ExcitingAds! Inc. ( and blog ( He was born in Mirpurkhas, Sind, Pakistan. His elementary school was ST. Michael's Convent High School, Mirpurkhas, Sind, Pakistan. Graduated high school from ST. Bonaventure's Convent High School, Hyderabad, Sind, Pakistan. His pre-med college was S. A. L. Govt. College, Mirpurkas, Sind, Pakistan. Graduated from Liaquat University of Medical and Health Sciences, Jamshoro, Sind, Pakistan in 1990. Earned equivalency certification from Educational Commission for Foreign Medical Graduates, Philadelphia, PA in 1994.

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