China's PMI rises for 5th straight month

The Purchasing Managers' Index (PMI) of China's manufacturing sector rose for the fifth straight month in April to 53.5 percent, up 1.1 percentage points from a month earlier.
China's consumer price index (CPI), a main gauge of inflation, fell 1.2 percent year on year in March, the National Bureau of Statistics said Thursday.
Xinhua
China's producer price index down 4.6% in Q1
Chinese Premier Wen Jiabao said Thursday that government stimulus moves to shore up the economy had begun to produce results, and the economy is now in a "better-than-expected" shape.
Auto exports dive in Jan-Feb
While the financial crisis has shut down many foreign businesses along China's coastal areas, a growing number of investors are moving westward to seek opportunities.
Wal-Mart rejigs jobs in China