![China’s Manufacturing Activity Expands in March](https://static.myboardtoday.com/app/fdcb87e3-3d43-4526-9db4-23dcf1b9f7ce/020ab961-68b4-4e57-b692-fe8bf0c204ba_-_80e2c196-240a-40e4-9050-2bc5a072ae6b-cover.webp)
In March, a private survey revealed that China’s manufacturing activity showed signs of stabilization, with the Caixin manufacturing purchasing managers index reaching 51.1, its highest level in over a year. This marks an increase from February’s 50.9 and surpasses the economists’ prediction of 51. A reading above 50 indicates expansion from the preceding month, while a value below signifies contraction. The latest figures signify a positive trajectory for China’s industrial economy.