China manufacturing rebounds in March amid tech, virus risks
The Hindu
Chinese manufacturing has rebounded to above pre-pandemic levels in most industries but consumer and export demand have been slower to recover.
China’s factory activity rebounded in March from a three-month slowdown as export orders rose, a survey showed Wednesday. A monthly index of manufacturing issued by the China’s statistics agency and an industry group rose to 51.9 from February’s 50.6 on a 100-point scale on which numbers above 50 show activity expanding. Chinese manufacturing has rebounded to above pre-pandemic levels in most industries but consumer and export demand have been slower to recover.More Related News