China Exporters See Early Signs Of Recovery

From AFP:

Exporters in China’s manufacturing heartland have seen increased orders in recent weeks, a survey has found, in a tentative sign of recovery for the beleaguered sector.

Nearly half of respondents to a survey of Hong Kong-owned enterprises in the Pearl River Delta by the Federation of Hong Kong Industries (FHKI) said they had seen a gradual increase in orders by the start of May.

“The FHKI is pleased with the signs of economic recovery, and hopes that such a trend can persist,” said chairman Clement Chan, after the survey of around 100 firms was released Tuesday.

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