China Factory Activity Holds Up, Signaling Recovery Has Legs
China’s factory activity expanded for a second month, the best streak in more than a year, bolstering hopes that the rebound in the world’s second-biggest economy can be sustained.The official manufacturing purchasing manager index reached 50.
China's slow April factory, services activity dents economic momentum
China's manufacturing and services activity both expanded at a slower pace in April, official surveys showed on Tuesday, suggesting some loss of momentum for the world's second-biggest economy at the start of the second quarter.
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