China's factory activity expands at quickest pace in over 5 years, private PMI shows
Yahoo Finance·2026-03-04 01:55
By Ellen Zhang and Ryan Woo BEIJING, March 4 (Reuters) - China's factory activity in February expanded at the fastest pace since December 2020, driven by robust demand that helped lift manufacturers' confidence, a private-sector survey showed on Wednesday. The RatingDog China General Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 52.1 in February from 50.3 in January, easily beating analysts' forecasts of 50.2 and marking the highest level in over five years. The 50-mar ...