China Manufacturing Index Hits 12-Month High Amid Trade Pressure
Date: 31-mar-2025
China’s manufacturing sector rebounded in March 2025, as the official Purchasing Managers’ Index (PMI) rose to 50.5 — its highest in 12 months. The increase, up from 49.1 in February, indicates a return to growth territory.
Boost in Export Orders Ahead of Tariff Uncertainty
New domestic and foreign orders surged in March, with analysts attributing the growth to foreign buyers advancing orders before possible new U.S. tariffs. The recovery suggests manufacturers are adapting quickly despite broader economic headwinds.
Mixed Outlook Despite Growth
While the data is encouraging, economists warn of persistent challenges including deflationary pressure, soft consumption, and youth unemployment. Continued policy support is likely required to sustain momentum.
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More on this update at Reuters.
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Date: 31-Mar-2025
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