China’s manufacturing activity improved at the fastest pace in four months, according to a private survey, a surprising show of resilience that will be tested as Donald Trump prepares to raise tariffs further on exports into the US.
The Caixin manufacturing purchasing managers index rose to 51.2 in March from 50.8 in February, according to a statement released by Caixin and S&P Global on Tuesday. While any reading above 50 indicates an expansion of activity, the figure was a positive surprise compared with the median forecast of 50.6.
Visited 1 times, 1 visit(s) today
