Chinese Manufacturing’s Global Expansion Despite uncertainties in the international political environment, Chinese manufacturing is resolutely set to go global. According to a recent survey by the China Council for the Promotion of International Trade (CCPIT), over 90% of Chinese firms are optimistic about overseas investment opportunities. The Growing Ambition Chinese companies, particularly in manufacturing, seeEnhanced Manufacturing Fuels Global Expansion of Chinese Firms
Manufacturing PMI® at 47.2%; August 2024 Manufacturing ISM® Report On Business® The manufacturing sector in the United States, it appears, is experiencing a bit of a downturn. The latest report by ISM® shows the Purchasing Managers Index (PMI®) at a level of 47.2 percent. Let’s dive right in to unpack these nuances. Understanding the PMI®August 2024 Manufacturing Report: PMI® Dips to 47.2%