Search Result for : China Manufacturing

The Dollar Business Bureau  China’s manufacturing industry growth is unexpectedly quickened in the month of August, indicating that the second largest economy of the world is still growing at a healthy rate in spite of cooling housing market and increasing financing cost.  China’s official factory analyses showed that the Asia’s largest economy continue to be on a solid footing, despite apprehensions that the country’s growth may start fading in the coming months.  The official Purchasing Managers’ Index (PMI), which is released on Thursday, increased to 51.7 in the month of August from 51.4 in July, beating expectations for a slight decline.  According to a separate industry survey, the activity in steel sector accelerated at the fastest rate since April 2016 on the back of ...

The Dollar Business Bureau The demonetisation move has hit India’s manufacturing sector which contracted in the month of December for the first time in 2016, whereas manufacturing activity in China has recorded the fastest growth in four years. India’s manufacturing sector has contracted in the month of December as fresh work orders and production took a hit for the first time last year, showed a monthly survey by the Nikkei India Manufacturing Purchasing Managers’ Index (PMI), an indicator of manufacturing activity. On the other hand, manufacturing activity in China expanded at its fastest pace in around four years in the month of December, according to another survey by an independent research firm. This is a signal for the improving health ...

Sharath Chowdary  Chinese electronics manufacturer Oppo has plans to become the top smartphone brand in India over the next three years. The company is providing the best service and better smartphone models to the customers to increase its market share in the country, said Jone, CEO and MD of Oppo Telangana. He said this on the sidelines of the sale promotion event of Oppo F1s in Hyderabad on Thursday. Jone was speaking in Mandarin while his interpreter Dustin translated it into English for The Dollar Business Bureau correspondent. According to him, Oppo is the second largest electronic brand being imported from China with more than 2.3 million handsets shipped to India in the last year. Oppo is the second leading smartphone manufacturer in ...

 Steven Philip Warner | @TheDollarBiz While India has largely remained an exporter of traditional raw materials, China has moved up the value chain in exports. An FTA between the two nations will only benefit China (much) more. (L - Inside the biggest CCTV, surveillance camera company, in China, April, 2010 in Shenzhen; R- Textile workers in a small factory in Old Delhi, February, 2008 in Delhi, India)   It’s surprising how many stakeholders and policymakers in India are proclaiming an India-China Free Trade Agreement to be a matter of “macroeconomic exigency”. Given China’s dominance in the world of foreign trade in recent years, especially exports, this seems a measured idea from a distance. But closer observation proves that this elixir of ...