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

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China’s factory activity has expanded at the fastest pace in more than a decade

, 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.

 

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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!

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