Meghavi Singh,
TexBr
- China’s official NBS manufacturing PMI rose to 50.8 in March 2024 from 49.1 in the previous month, above the market forecast of 49.9. It was the first growth in industrial activity in 6 months and the fastest pace in a year recently positive indicators across the continent as the government stepped up efforts to help spur economic recovery.
- The official NBS non-manufacturing PMI for China rose to 53.0 in March 2024 from 51.4 in the previous month. It was the fifteenth consecutive month of expansion in services activity and the fastest pace since last June, in a context of a more limited decline in new orders (47.4 versus 46.8 in February).
- The NBS Composite PMI manufacturing index in China rose to 52.7 in March 2024 from 50.9 in the previous month, marking the highest reading since last May amid a rebound in the manufacturing sector and the fastest expansion in China. nine months for service activities.
- ETFs: (FXI), (KWEB), (CQQQ), (MCHI), (ASHR), (YINN), (TDF), (CHIQ), (GXC), (EWH), (KBA), (YANG), (CXSE), (CAF), (CWEB), (PGJ), (KURE), (CHIX).
- Currency: (CNY:USD)