April 03, 2009

Chinese Manufacturing Up in March

The China Purchasing Managers' Index, a gauge of nationwide manufacturing activity, stood at 52.4 in March, up from 49.0 in February, and well above its lows of 38.8 in November.

The March data mark the first time the indicator has been above 50 since September, a threshold that indicates activity in the manufacturing sector is in an expansionary mode. Source: MarketWatch...

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