China’s factory expansion is new sign of recovery

The non-manufacturing PMI also shows “companies have relatively strong confidence and expectations for future business,” said Bruce Pang, chief economist for Greater China at Jones Lang LaSalle.

Exports in the January-February period had rekindled hopes of a broader economic recovery, jumping 7.1 per cent from a year earlier.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.