China’s Factory Activity Rises Again, Private Survey Finds
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A private measure of China’s manufacturing activity expanded in March, signaling that the industrial side of the economy is stabilizing.
The Caixin manufacturing purchasing managers index rose to 51.1, the highest in more than a year. That was up from 50.9 in February and compared to the figure of 51 predicted by economists. A reading above the 50 mark suggests expansion from the previous month, while a figure below that denotes contraction.