时事资讯:制造业好转显示全球经济开始复苏_时事

时事资讯:制造业好转显示全球经济开始复苏

With hiring still struggling and housing working toward stabilization, healthier foreign economies could buoy the U.S. recovery. The manufacturing report's exports index climbed five percentage points to 55.5 in August.

China has pulled out of the global slump faster and more decisively than any other major economy, thanks to its enormous stimulus program. Now it grapples with a new set of worries that other economies will also have to face when they manage a return to growth. Having shown that the government can force through a short-term recovery, Chinese policymakers now face the challenge of sustaining an expansion over the longer term even while withdrawing official support.

The continued strength of the purchasing managers' index is a sign that China's economy still has momentum, after its gross domestic product surged an annualized 14.9% in the second quarter, according to a central bank estimate. Chinese demand has boosted machinery exports from Germany and Korea, and has been a particular boon to commodity producers like Brazil and Australia.

'With considerable economic policy stimulus in train around the world, the global economy is resuming growth,' Australia's central bank governor, Glenn Stevens, said in a statement Tuesday. 'The major economies appear to be approaching a turning point,' he said, crediting 'very strong' growth in China for aiding an expansion throughout Asia. The large economies of India and Indonesia have maintained relatively steady growth this year, but even export-dependent Hong Kong and Singapore rebounded in the second quarter.