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Jan 13, 2013

An Oxford in Changzhou? International schools spread across China

BEIJING (Reuters) – The website for a private school in Changzhou, one of China’s smaller cities, features blue blazers and plaid skirts, music classes and an ivy-clad brick doorway — all the trappings of the British school system designed to appeal to wealthy Chinese parents.

In choosing a smaller city, Oxford International College – no relation to the British university – is tapping into a growing market of upwardly-mobile Chinese willing to pay as much as 260,000 yuan ($41,700) a year for a Western-style education and a ticket to college overseas for their children.

Jan 6, 2013

Use of student interns highlights China labour shortage

BEIJING, Jan 7 (Reuters) – In September, the largest factory
in the northeastern Chinese coastal city of Yantai called on the
local government with a problem – a shortage of 19,000 workers
as the deadline on a big order approached.

Yantai officials came to the rescue, ordering vocational
high schools to send students to the plant run by Foxconn
Technology Group, a Taiwanese maker of smartphones, computers
and gaming equipment.

Jan 3, 2013

China December official services PMI rises to 56.1 from 55.6 in November

BEIJING (Reuters) – China’s official purchasing managers’ index (PMI) for the non-manufacturing sector rose to a four-month high of 56.1 in December from 55.6 in November, the National Bureau of Statistics (NBS) said on Thursday, adding to signs of a revival in the world’s second-largest economy.

The services sector index follows twin manufacturing PMI surveys that showed China’s growth reviving in December, although signs persist that such growth still depends primarily on state-led investment.

Jan 3, 2013

China Dec official services PMI rises to 56.1 from 55.6 in Nov

BEIJING, Jan 3 (Reuters) – China’s official purchasing
managers’ index (PMI) for the non-manufacturing sector rose to a
four-month high of 56.1 in December from 55.6 in November, the
National Bureau of Statistics (NBS) said on Thursday, adding to
signs of a revival in the world’s second-largest economy.

The services sector index follows twin manufacturing PMI
surveys that showed China’s growth reviving in December,
although signs persist that such growth still depends primarily
on state-led investment.

Jan 1, 2013

China official factory PMI points to steady growth revival

BEIJING (Reuters) – China’s official manufacturing purchasing managers’ index held steady in December at 50.6, matching November’s seven-month high, as growth in new orders was unchanged and the pace of output softened marginally.

With the main index above 50 for three straight months, the survey indicates that China’s vast factory sector is expanding. The official PMI was released a day after a similar survey by HSBC suggested manufacturing activity at its strongest since May 2011.

Dec 31, 2012

China factory sector strongest since May 2011-survey

BEIJING, Dec 31 (Reuters) – Activity in China’s vast
manufacturing sector hit its fastest pace in December since May
2011, a survey of private factory managers showed, with a
sub-index for new orders pointing to continued strength in the
new year.

The final reading for the HSBC Purchasing Managers’ Index
rose to 51.5 in December, well above the preliminary reading of
50.9 published in the middle of the month and November’s final
reading of 50.5.

Dec 31, 2012

China factory sector strongest since May 2011-survey

BEIJING, Dec 31 (Reuters) – Activity in China’s vast
manufacturing sector hit its fastest pace in December since May
2011, a survey of private factory managers showed, with a
sub-index for new orders pointing to continued strength in the
new year.

The final reading for the HSBC Purchasing Managers’ Index
rose to 51.5 in December, well above the preliminary reading of
50.9 published in the middle of the month and November’s final
reading of 50.5.

Dec 31, 2012

China HSBC Dec final PMI at highest since May 2011

BEIJING (Reuters) – The pace of activity in China’s vast manufacturing sector hit its fastest rate in December since May 2011, a survey of private factory managers showed, with a sub-index for new orders pointing to continued strength in the new year.

The final reading for the HSBC Purchasing Managers’ Survey rose to 51.5 in December, well above the final reading of 50.5 in November and the preliminary reading of 50.9 published in the middle of the month.

Dec 20, 2012

Wintery China land auction signals warming market

QINGDAO, China, Dec 20 (Reuters) – Authorities in the
eastern city of Qingdao have sold a land parcel for 872.4
million yuan ($140 million) in an auction that set the highest
premium of the year, the latest in a series of deals to signal a
mild recovery in China’s property market.

Guangzhou Liangbao Property Investment and Consultancy Co.
paid a 51 percent premium to the starting price for the 149,894
square metre plot for mixed residential and commercial use, in a
four-way bidding war in a one-hour public auction.

Dec 14, 2012

China on mend, but euro zone still shrinking

LONDON/BEIJING, Dec 14 (Reuters) – China’s vast
manufacturing sector expanded in December but the euro zone is
probably deeper in recession, business surveys suggested on
Friday.

Data researcher Markit said its Eurozone Flash Composite
Purchasing Managers Index, which combines both manufacturing and
services sector data, showed small signs of improvement.

    • About Lucy

      "I am the Reuters Insider correspondent in China, where I have lived for ten of the last 15 years. Prior areas of coverage include political and general news, as well as commodities and energy policy and markets."
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