March 30, 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 National Bureau of Statistics data released Monday, 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 February, coming in at 50.2, from a contraction of 49.1 in January, as production resumed after the Lunar New Year holiday.

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https://www.cnbc.com/2025/03/31/china-official-pmi-in-march.html