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China's factories pick up the pace in Feb

PMI shows positive signs

Nathan Richardson
“This marked the first upturn in output since last August, with the rate of expansion the steepest since June 2022,” S&P Global said.

“This marked the first upturn in output since last August, with the rate of expansion the steepest since June 2022,” S&P Global said.

The S&P Global-compiled Caixin China General Manufacturing PMI rose to 51.6 for February, which is up from 49.2 in January. "Though modest, it marked the first improvement for seven months, with the...

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