Private survey shows China’s factory activity expanded fastest in 14 months in Apr, export demand grew fastest in over three years
DATA MACRO TOP
Private survey shows China’s factory activity expanded fastest in 14 months in Apr, export demand grew fastest in over three years
DATA MACRO TOP

Private survey shows China’s factory activity expanded fastest in 14 months in Apr, export demand grew fastest in over three years

 

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China's manufacturing activity expanded at the fastest pace in 14 months in April, driven by a solid pick-up in new export orders, a private survey showed on Tuesday, an encouraging sign for an economy still struggling to mount a robust recovery.

The Caixin/S&P Global manufacturing PMI rose to 51.4 in April, marking the highest reading since March 2023 and rising from the 51.1 for previous month, and above analysts' forecasts of 51.0.

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