Factory activity remains mostly robust in Feb
By Xin Zhiming and Zhou Lanxu | China Daily | Updated: 2019-03-02 06:50
Domestic demand improves on policy measures, says Caixin/Markit survey
China's factory activity remained robust in February after the Caixin/Markit Manufacturing Purchasing Managers' Index rose to 49.9 from 48.3 in January, a three-month high indicating an easing of the downside growth pressures.
The reading stood below the neutral 50-mark that divides expansion from contraction, helped largely by improvements in domestic manufacturing, the private survey said on Friday.
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