BEIJING: China’s manufacturing activity expanded at the fastest pace in 13 months in March, with business confidence hitting an 11-month high, driven by growing new orders from customers at home and abroad, a private survey showed on Monday, according to Reuters.
The Caixin/S&P Global manufacturing PMI rose to 51.1 in March from 50.9 the previous month, above analysts’ forecasts of 51 and marking an expansion for the fifth consecutive month. The 50-point mark separates growth from contraction.
https://www.arabnews.com/node/2486246/business-economy
