China Factory Activity Hits 3-Month High Amid Lunar New Year Return
China’s factory activity expanded at its fastest pace in three months to 50.8 in February, according to a private-sector survey. The seasonally adjusted Caixin/S&P Global manufacturing purchasing managers’ index beat expectations and accelerated from January’s 50.1. The growth was driven by millions of migrant workers returning to work after the Lunar New Year holiday. The … Read more