China's factory activity expands at fastest pace in a year, official survey shows [CNBC]
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Source: CNBC
The non-manufacturing PMI, which covers services and construction, also rose to 50.8 from 50.4 in February. A worker works at a workshop of Zhonghong Packaging Company in Lianyun district, Lianyungang city, East China's Jiangsu province, on March 27, 2025. China's manufacturing activity expanded at its fastest pace in one year in March, signaling Beijing's stimulus measures were helping prop up an economic recovery, while looming U.S. tariffs threaten to thwart growth. The official purchasing managers' index came in at 50.5 in March, according to the , accelerating from the prior month and in line with Reuters poll estimates. The PMI figure sprang to above the 50-level threshold — which determines expansion from contraction — in Febru
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