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China's factories pick up the pace in Feb

China's manufacturing sector showed positive signs in February as the country's loosened COVID-19 measures paved the way for increased economic activity.

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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