Executive Briefings

Time to Reconsider Your China Strategy

If you are a manufacturer deep into planning for the turnaround, now is a very good time to be thinking about your China strategy. Certainly, the Chinese economy has had its fair share of problems--exports down 20 percent in the first quarter, thousands of factories shuttered and more than 20 million migrant workers jobless. But May brought the third month of expansion in Chinese manufacturing. China's Purchasing Manager's Index stood at 53.1 percent in May, the third month it was above 50 and indicative of economic growth.
Source: Industry Week

If you are a manufacturer deep into planning for the turnaround, now is a very good time to be thinking about your China strategy. Certainly, the Chinese economy has had its fair share of problems--exports down 20 percent in the first quarter, thousands of factories shuttered and more than 20 million migrant workers jobless. But May brought the third month of expansion in Chinese manufacturing. China's Purchasing Manager's Index stood at 53.1 percent in May, the third month it was above 50 and indicative of economic growth.
Source: Industry Week