China’s manufacturing PMI jumps to 50.8 in February as factories ramp up after Lunar New Year

China’s manufacturing sector saw a sharp rebound in February, with the Caixin/S&P Global Purchasing Managers’ Index (PMI) rising to 50.8, its highest level in three months. The increase signals that factory activity is accelerating as workers return after the Lunar New Year holiday, helping to drive production and export demand. The private-sector PMI, which remained […]