Tag: China
Global Manufacturing activity sees slower downturns in November
The Global manufacturing sector is moving closer to stabilisation in November, according to the latest composite index from JP Morgan and S&P Global.
Australian wine industry faces high stock levels amid steady sales, production cut
Despite a challenging year marked by the lowest wine production in 15 years, the Australian wine industry continues to face pressure from historically high national wine inventory levels, as revealed in Wine Australia's Wine Production, Sales, and Inventory Report 2023.
Premier Cook’s first official visit to China spurs economic collaboration
Western Australia Premier Roger Cook has embarked on his inaugural official mission to China, marking a significant milestone in fostering new investment and trade opportunities while reinforcing the enduring partnership between WA and China.
China’s manufacturing PMI signals deteriorating conditions in October
China’s manufacturing industry experienced a slight setback in October, with the latest Purchasing Managers’ Index (PMI) data from Caixin and S&P Global revealing deterioration in production as a result of slower sales.
Weld Australia calls out Federal gov’t for ‘sacrificing’ manufacturing for wine
Industry representative Weld Australia has denounced a new recommendation from the Anti-Dumping Commission for tariffs on Chinese wind towers to expire on 16 April 2024— calling it a move that appears to be sacrificing wind towers for wine.
Limited exhibitor space up for grabs at Australian Hardware Tools & Grinding Expo
The Australian Hardware Tools and Grinding Expo (ATGE) is inviting industry leaders, innovators, and trailblazers in the hardware tools and grinding sector, steelmaking, construction, and abrasive industries to showcase their latest cutting-edge solutions at the inaugural event in Brisbane.
Global manufacturing PMI remains in contraction in September— JP Morgan
The JP Morgan Global Manufacturing Purchasing Managers’ Index (PMI) remained in the contraction territory at the end of the year’s third quarter, posting a 49.1 rating in September up from August’s 49.0.
China’s manufacturing sector sees slight improvement in September
The Caixin China General Manufacturing PMI has slipped from 51.0 in August to 50.6 at the end of the third quarter, suggesting a marginal improvement and marking the second consecutive month of enhanced sector health.
Vmoto invests $14m in new facilities to increase manufacturing capacity
Electric two-wheel vehicle manufacturer Vmoto has inked a construction agreement worth $14 million to build new state-of-the-art manufacturing facilities on the recently acquired industrial land in the Lishui Economic Development Zone in Nanjing, China.
ATGE: The Nexus of Innovation and Collaboration in Hardware Tools and Abrasives for China...
In an era where globalization is an established reality rather than just a buzzword, the Australian Hardware Tools and Grinding Expo (ATGE) emerges as a beacon for the manufacturing sectors of both China and Australia.
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Don’t get left behind: Manufacturing’s urgent need for digital transformation
As digital transformation reshapes industries worldwide, manufacturers in Australia and beyond are finding themselves at the forefront of an evolution. This shift presents opportunities for companies looking to improve efficiency, drive innovation, and boost growth.
