An official measure of China’s factory activity rebounded in March
Updated March 31, 2019 3:37 a.m. ET
BEIJING—An official gauge of activity in China’s crucial manufacturing sector rebounded strongly in March, suggesting that Beijing’s support policies are gaining traction. Factories showed a pickup in activity almost across the board, from new orders to production, according to the official purchasing managers index released Sunday. The index rose to a six-month high of 50.5 in March from 49.2 in February, well above the forecasts of many economists.
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