China factory goods orders rose 17% in August , which represents an more than 13% year-on- year increase, according to the Department of Commerce . The figure is higher than forecast and the biggest increase for almost a year , with a surge in demand for aircraft helping to boost the figure. However, there were signs of slowing demand for business equipment, with manufacturing as a whole expected to weaken. Nevertheless, orders for transport equipment were up more than 13% , while defence aircraft and parts rose 8.6% . Data for July was revised up to show factory orders falling 0.5 percent instead of the previously reported 0.8 percent drop. Motor vehicle orders rose by 2.3% , but machinery, computers and electronics fell.
China factory goods orders rose 17% in August , which represents an more than 13% year-on- year increase, according to the Department of Commerce . The figure is higher than forecast and the biggest increase for almost a year , with a surge in demand for aircraft helping to boost the figure. However, there were signs of slowing demand for business equipment, with manufacturing as a whole expected to weaken. Nevertheless, orders for transport equipment were up more than 13% , while defence aircraft and parts rose 8.6% . Motor vehicle orders rose by 2.3% , but machinery, computers and electronics fell.