China's PMI reaches 13-month high in March

Note: This section contains information in English only.
Source: WBP Online
The Caixin PMI in China rose to 49.7 in March from 48.0 in February, reaching the highest level in thirteen months as output grew for the first time in a year. The increase in the index indicates that the monetary and fiscal stimulus activities implemented by Chinese government have begun to take effect, despite the fact that foreign demand remained weak and dragged on output growth. 
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Wed, 06 Apr 2016 13:44:06 GMT

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