China's manufacturing sector has accelerated sharply since the end of the government's harsh 'zero-COVID' lockdowns in December.
China's manufacturing sector has accelerated sharply since the end of the government's harsh "zero-COVID" lockdowns in December.Despite growing strains with the West — especially over its steadfast support for Russia — China remains a cornerstone of the global economy.
China's official survey of industrial purchasing managers showed a stronger-than-expected expansion last month.Numbers above 50 indicate an expansion of activity at Chinese factories; below 50 suggests a contraction.The strength of China's economy is especially influential in commodities markets, where the nation is by far the world's biggest consumer.
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