The revival of Chinese manufacturing activity in March could signal light at the end of the economic tunnel for the globe’s biggest trading nation – and not a millisecond too soon for an Asia region desperate for growth engines. The return of the Caixin purchasing managers’ index to expansion territory last month – to 51.1 – marks […]
Signs of light at end of China’s economic tunnel?
Manufacturing indexes bounce but ‘lost decade’ risks remain until similar signs seen in property, government debt and deflation measures