Economics
There's No Sign of a China Rebound Yet
- Minxin's gauges rebound, but levels still signal deterioration
- Official manufacturing report projected to show slump enduring
No Early Signs of a Rebound in China
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China’s monetary and fiscal stimulus have yet to spur a rebound in the world’s second-largest economy, according to the earliest private economic indicators for March.
A purchasing manager’s index focused on small businesses, a gauge of corporate confidence and a new reading of the economy derived from satellite imagery all remained at levels signaling deterioration, though the pace of declines moderated. Sales manager sentiment was unchanged.