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China manufacturing improves as power shortages ease

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BEIJING (AP) — A survey shows China’s manufacturing activity rebounded in November as orders improved and power shortages eased. An industry group and the national statistics agency said a monthly purchasing managers’ index rose to 50.1 from October’s 49.2 on a 100-point scale. The index spent the previous two months below 50, which shows activity decreasing. A measure of production rose 3.6 points to 52, indicating activity was recovering from power rationing imposed in major manufacturing areas in September to meet official energy efficiency targets.

Article Topic Follows: AP National Business

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