China factory activity up after four-month slide

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AFP
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1554009668116089300
Sun, 2019-03-31 08:18

BEIJING: China’s manufacturing sector ended its four-month downward trend in March, official data showed Sunday, but exports continued their long slide in the wake of the Washington-Beijing trade war.
The official Purchasing Managers’ Index, a measure of factory activity, rose to 50.5 in March from the previous month’s contraction and three-year low of 49.2.
The growth was likely driven by seasonal factors as factories ramped up production after February’s Lunar New Year holidays.

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