After three months in decline, China’s manufacturing activity returned to growth territory in March. Photo: Reuters
China’s services sector accelerates in March as manufacturing also sees upturn
- Official non-manufacturing purchasing managers’ index rises 0.5 points from February to 54.8
- Manufacturing gauge returns to positive territory after gaining 1.3 points from previous month, its biggest increase for seven years
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China economy
After three months in decline, China’s manufacturing activity returned to growth territory in March. Photo: Reuters
The Lujiazui Financial and Trade Zone of Pudong in Shanghai. Photo: Xinhua
Can China’s bond inclusion on the Bloomberg Barclays Global Aggregate Index save its slowing economy?
- Chinese government and policy bank bonds will be added to the index for the first time on Monday, a move analysts say could be worth US$150 billion
- China is in the process of opening up its markets to foreign investors, a move reiterated by Premier Li Keqiang at the Boao Forum for Asia last week in Hainan
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China economy
The Lujiazui Financial and Trade Zone of Pudong in Shanghai. Photo: Xinhua