CBN丨China’s factory activity stuns with fastest growth in a decade

The official gauges of China’s factory, services and construction activities rebounded strongly in February, shaking off the impact of Covid after Beijing reopened the economy late last year.

China’s official manufacturing purchasing managers index rose to 52.6 in February from January’s 50.1. The result marks the highest reading since April 2012, when it hit 53.5, and well exceeds the 50.5 expected by economists.

 

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