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  NEW YORK, Dec. 22, 2011  /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Economic 360 for China: Growth Prospects and Emerging Opportunities in the Manufacturing Industry http://www.reportlinker.com/p0727014/Economic-360-for-China-Growth-Prospects-and-Emerging-Opportunities-in-the-Manufacturing-Industry.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Manufactu China has been the fastest...

NILES, IL--(Marketwire - December 12, 2011) - MFRI, Inc. (NASDAQ: MFRI) -- announced today sales and earnings for the third quarter and nine months ended October 31, 2011 ("2011"). Third quarter net sales rose 21% to $71.3 million from $58.8 million...

China has recently become the world's top manufacturing country by output, ending the United States' 110-year run as the largest goods producer according to IHS Global Insight. The last time China held the position was around 1850, however since 1895 the manufacturing industry has been dominated by US producers.

The Central Bank data has confirmed this information pointing that the recovery of Asia’s fourth-largest economy relies heavily on exports.

Led by strong manufacturing and services growth, the economy expanded 8.8 per cent in the quarter ended June, which has been the fastest pace in nine quarters. Though the performance of the agriculture sector was subdued during the quarter, both the government and economists expect it to pick up in the coming quarters as kharif sowing has been healthy after good monsoons.

The Markit Flash Eurozone Composite Output Index, based on around 85 percent of usual monthly survey replies, fell to 56.1 in August, down from 56.7 in July, to signal only a slight loss in growth momentum over the month.

The latest industry analysis from the Institute of Supply Management (ISM) has revealed that the U.S. manufacturing sector grew in June, but growth slowed when compared to May.

Signs of recovery in the struggling car industry, aided by a surge in car production, have helped the manufacturing sector to its best month since the beginning of last year.

By Natsuko Waki and John Wallace

By Avril Ormsby

The Office for National Statistics said on Friday that industrial production, which makes up 18 percent of gross domestic product, shrank by 1.7 percent in December, taking the annual rate down to -9.

By Yoko Nishikawa

The report was issued by Norbert J. Ore, C.P.M., chair of the Institute for Supply Management Manufacturing Business Survey Committee.