China’s manufacturing activity rises to its highest level in a decade

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March 2 – BLiTZ. China has repeatedly surprised us with its victories in the economy, but the pandemic has suspended the active growth of production in one of the strongest economies in the world. However, after its completion, it seems that the Chinese dragon is ready for a new take-off. And who knows what else our neighbors will be able to surprise the whole world with.

According to some reports, the Chinese economy is rapidly gaining momentum and is already overtaking the United States. China’s economy has rebounded significantly in recent months following the lifting of pandemic-related restrictions. About this writes the publication “Military Review”.

In February 2023, China saw a record increase in manufacturing activity in over a decade as Chinese factories are back at full capacity after years of disruption due to the coronavirus. China’s leading manufacturing index, the Manufacturing Purchasing Managers’ Index (PMI), stood at 52.6 in February, the highest reading since 2012. All this indicates an improvement in production activity.

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