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

submitted 1 year 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] 9 points 1 year ago

China is going to collapse any day now lel

[-] [email protected] 7 points 1 year ago

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 1 year ago

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 1 year ago

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

[-] [email protected] 1 points 1 year ago

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

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this post was submitted on 31 Mar 2024

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