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March PMI indicates growth remains a
Source: www.satmytech.com   Publish Time: 2014-04-01 15:48   4098 Views   Size:  16px  14px  12px
March PMI indicates growth remains a challenge

China's Purchasing Managers' Index, which grew to 50.3 in March from 50.2 in the previous month, offers a gleam of hope that the Chinese economy is slowly improving to avoid slipping below the annual growth target of 7.5 percent.

The official reading by the National Bureau of Statistics (NBS) shows that most of the sub-indexes are ticking up, a rare improvement in the past three months.

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