China's factories just had their best month in nearly 11 years as economy rebounds after reopening | CNN Business

, as the world’s second largest economy staged what economists are calling a “very rapid” rebound after reopening from zero-Covid. The government’s official purchasing managers’ index for the manufacturing industry hit 52.6 in February, the highest level since April 2012, according to data released Wednesday by the National Bureau of Statistics. In January, the reading was 50.

It was the first expansion in seven months. The official PMIs mainly cover larger businesses and state-owned companies, while the Caixin readings are more focused on smaller businesses and private companies. The robust data has boosted Asian stocks. Hong Kong’s Hang Seng Index was up more than 3%, leading gains in the region, and poised to record the biggest daily increase in three months.

So what's next on the Wests plan to destroy China?

When you’re preparing for war, increasing manufacturing capacity is key.

so many things say 'made in China' for a reason

CNN cheerleads for communist country's success, ignores the fact they're responsible for COVID!

Let the whole world knw that we the Nigerian Ppl didn’t elect this Drug Lord to be our President,he funded th rigged election that brought the present President to power 8yrs ago and since then they hav wrecked the country, selling the country’s crude Oil without any accounts

The world stood and watch a Drug Lord steal the mandate of over 130million youth in Nigeria by rigging our presidential election together with the corrupt Nigerian Govt he funded nd brought to power 8yrs ago. He paid th electoral commission $170m to rig our election UN

IRGCterrorists are carrying out biological attacks on universities and schools in different cities of Iran using chemical gases. the lives of Iranian people are in danger. MahsaAmini FoxNews UNICEF Europarl_EN JosepBorrellF USEnvoyIran JapanGov

It’s called slavery.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CNN exclusive: Yellen says 'so far, so good' in US inflation battle | CNN BusinessTreasury Secretary Janet Yellen tells CNN 'so far, so good' on the US battle against inflation, and that she expects a soft landing She also said it was “transitory “ 🤦🏻‍♀️ Just like she said inflation will not happen and be “transitory”….. 😘😘✌️
Source: CNN - 🏆 4. / 95 Read more »

Video: Why the 4-day work week isn't for everyone on CNN Nightcap | CNN BusinessBloomberg Work Shift Commentator Julia Hobsbawm tells 'Nightcap's' Jon Sarlin the four-day work week is not a 'one size fits all' because some workplaces may not benefit from the shorter work week. For more, watch the full Nightcap episode here.
Source: ALNewsNetwork - 🏆 583. / 51 Read more »

China approved equivalent of two new coal plants a week in 2022, report finds | CNN BusinessChina is surging ahead with coal, a new report shows, rapidly approving and building new power plants despite its own promises to cut back on carbon as the world plunges ever deeper into the climate crisis. Holy shit! China lied? Are we surprised though? China has been the Wests factory floor since the 90s...we have contributed to Chinas pollution
Source: cnni - 🏆 326. / 59 Read more »

US is reviewing Huawei export license policy amid rising congressional scrutiny of China | CNN BusinessThe US government is reviewing a policy that permits certain US exports to continue to Huawei, despite an overall push by the Trump and Biden administrations to block the Chinese telecommunications giant from receiving American technology. Another oof I speak for all Americans when I say we need to fight Russia. This is too far by them and they must pay.We don’t care if it will start WW3, that’s a small price to pay to protect the world from Russia. I personally volunteer every man and woman in this country, I know they agree.
Source: cnni - 🏆 326. / 59 Read more »