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Workers rush to fulfill orders at an outdoor products factory in Binzhou, Shandong province, on March 25, 2026. Photo: VCG
March’s data signals a robust revival in domestic demand, yet sluggish factory production and geopolitical headwinds suggest the road to recovery remains fraught with risk
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Workers rush to fulfill orders at an outdoor products factory in Binzhou, Shandong province, on March 25, 2026. Photo: VCG

Rebounding orders lift official manufacturing PMI to 50.3, though weak hiring points to uneven recovery

Mixed PMI data underscore uneven recovery

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China's official gauge for manufacturing activity pointed to a better-than-expected expansion in March, snapping two months of…

Manufacturing weakness has offset a holiday boost to the services sector, pulling the composite indicator lower

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