China's manufacturing growth picks up in March April 1, 2013 - 10:59 AMT PanARMENIAN.Net - An industry group says that China's manufacturing growth picked up in March, according to The Associated Press. The China Federation of Logistics and Purchasing said Monday, April 1 its Purchasing Managers' Index rose to 50.9 in March from 50.1 in February, which was the lowest reading in five months. Numbers above 50 denote expansion on 100-point scale. Chinese manufacturing is closely watched as an indicator of the strength of global consumer sales and potential demand for countries that supply China's factories with raw materials and industrial components. The federation said in statement that higher manufacturing output was largely due to an increase in orders and weakening pressure on the price of inputs.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
