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Mauricio Palos | Bloomberg | Gets the image
Chinese factory activity has expanded its fastest pace in three months to 50.8 In February, Private sector poll showed on Monday, When millions of migrant workers returned to work after an expanded New Year’s lunar holiday.
Seasonal adjusted Caixin/S&P Global Management Management Index threatened the Reuters survey of 50.3, accelerating from 50.1 in January and 50.5 last year.
The production of the PMI private sector remained above 50 thresholds, which separated the extension from October last year.
This is a private reading of the survey on Monday happened Official PMI production Released on Saturday, which also showed that the ferocious factory activity in China has expanded at the fastest rate since November.
The official PMI rose to 50.2 in February with 49.1 in January. According to the National Statistics Bureau. PM, which does not produce, which includes services and construction, also rose by 50.4 from 50.2 in January.
The figures appeared when economists indicated that fresh American tariffs could put pressure on the country’s production activity, and this year exporters, when exporters were concerned about tariffs that come into force, rushed to the front load.
Last week US President Donald Trump announced the guidance An additional 10% tariffs for Chinese goods – In addition to 10%he charged in China on February 4.
Trump threatened 60% of China’s fares on the company’s way.
It is planned that additional tariffs will take effect on March 4, coincided with loud annual collection In Beijing, where the Chinese authorities are expected to open economic goals and fresh politics.
The leadership is expected to acknowledge the significant softening of domestic demand, revealing the long -awaited details of financial stimulation aimed at attracting growth in the face of increased trade tensions.
Ministry of Commerce in China called on the US on Friday to restore Negotiations as soon as possible, warning of revenge.
The second largest economy in the world has a sluggish growth against the background of rapid demand and a long decline in real estate, leaving exports as a key growth engine.
