Activity levels across China’s manufacturing sector expanded for the first time in eight months in March, according to a report from China’s National Bureau of Statistics (NBS). The government’s manufacturing purchasing managers index (PMI) rose 1.2 points to 50.2, marking the first expansion in activity levels seen since June 2015. It beat expectations for a smaller increase to 49.3. The PMI measures changes in activity levels from one month to the next, with 50 signifying that activity levels were unchanged from one month earlier. The vast majority of the strength was ... READ MORE
