China’s factory activity expanding at fastest pace in more than five years, private PMI shows

China’s factory activity expanding at fastest pace in more than five years, private PMI shows

By Ellen Zhang and Ryan Woo BEIJING, March 4 (Reuters) – China’s factory activity in February expanded at the fastest pace since December 2020, boosted by strong demand that helped lift manufacturers’ confidence, a private sector survey showed on Wednesday. RatingDog’s China Overall Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, rose to 52.1…

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