China's manufacturing PMI rose to 50.8 in March, marking the first expansion in six months.

China's manufacturing activity expanded for the first time in six months in March, with the official purchasing managers' index (PMI) rising to 50.8 from 49.1 in February. This is above the 50-mark that separates growth from contraction, providing relief to policymakers amidst the property sector crisis. The last expansion in China's monthly PMI was in September.

March 31, 2024
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