Monthly Archives: March 2023
Commodities Surge as China’s Economy Recovery Sprints Ahead
Written on March 2, 2023 at 5:36 am, by lishitong
On Wednesday, China released its Manufacturing PMI and Caixin Manufacturing PMI for February, beating economists’ expectations of 50.5 and 50.2 respectively. A reading above 50 indicates expansion from the previous month. This is the highest reading since April 2012, marking a faster-than-expected rebound for the world’s second-largest economy after covid-19 related shutdowns slowed growth toContinue Reading