China | March PMI outturns see green shoots of economic recovery
Published on Friday, April 1, 2016 | Updated on Sunday, May 13, 2018
China | March PMI outturns see green shoots of economic recovery
Summary
China’s NBS PMI increased significantly in March, up from 49 to 50.2, the first time surpassing the watershed level since July 2015; while Caixin Manufacturing PMI surged to 49.7. Manufacturing activities have shown significant recovery sign due to the pick-up of domestic and external demand and the authorities’ stepped-up efforts of monetary easing and fiscal expansion.
Topics
- Topic Tags
- Regional Analysis China
- Macroeconomic Analysis
Authors
Jinyue Dong
BBVA Research - Senior Economist
Le Xia
BBVA Research - Chief Economist
Documents and files
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