The manufacturing sector in China moved back up into expansion territory in March, the latest survey from the National Bureau of Statistics showed on Tuesday with a manufacturing PMI score of 50.4.
That beat expectations for a score of 50.1 and it also moved above the boom-or-bust line of 50 that separates expansion from contraction. It was at 49.0 in February.
The bureau also noted that the non-manufacturing PMI came in at 50.1, beating forecasts for 49.9 and up from 49.5 in the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.