01 Apr 2017
China’s official factory gauge climbed to the highest in almost five years, the latest evidence of gathering momentum in the world’s second-largest economy.
The manufacturing purchasing managers index increased to 51.8 in March, compared with economist estimates that it would match the November reading of 51.7
The non-manufacturing PMI rose to a two-year high of 55.1 from 54.2 last month
Numbers higher than 50 indicate improving conditions