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China’s factory activity hits 1-year high, adding to signs economic recovery is picking up pace (www.scmp.com)

submitted 7 months ago by [email protected] to c/[email protected]

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Official manufacturing purchasing managers’ index (PMI) rebounds to 50.8 in March, crossing into expansion territory after five months of contraction ⠀

The figure beat the market estimate of 49.9 and returned above the watershed level of 50, which indicates expanding activity, ending five consecutive months of contraction.

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[–] [email protected] 7 points 7 months ago (2 children)

Yea lol, every other day it's that "collapse imminent" and every other time it's "turning around and winning everything"

[–] [email protected] 12 points 7 months ago (1 children)

The mixed reporting in western press is amazing. The "geostrategic rival" being strong and weak at the same time.. wait where have I heard this type of rhetoric before?

[–] [email protected] 4 points 7 months ago

Global press really. It's been fascist ever since everywhere

[–] [email protected] 1 points 7 months ago

As with most things, the truth is somewhere in the middle.