China's manufacturing activity expanded at a stronger-than-expected pace in April, survey data from S&P Global showed Thursday.
The RatingDog factory Purchasing Managers' Index rose to 52.2 from 50.8 in the previous month.
Economists had forecast the index to rise marginally to 50.9. The score has remained above the threshold 50.0 mark for the fifth straight month and signalled the strongest growth since December 2020.
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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.