The world's second-largest economy recorded one of its worst
years in nearly half a century in 2022 due to strict COVID
lockdowns and subsequent widespread infections.
(Reporting by Liangping Gao and Joe Cash;
Editing by Tomasz Janowski and Sam Holmes)
BEIJING, March 1 (Reuters) - China's manufacturing activity
expanded more than expected in February and marked the fastest
pace since April 2012, official data showed on Wednesday, as
consumer sentiment gathered momentum on easing of the country's
COVID-19 restrictions.
The official manufacturing purchasing managers' index (PMI)
stood at 52.6 against 50.1 in January, according to data from
the National Bureau of Statistics, above the 50-point mark that
separates expansion and contraction in activity on a monthly
basis,and far exceeded a forecast of 50.5.
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