China Manufacture Industry Recovery Accelerates

- Apr 08, 2020-

The analysis believes that China's manufacturing industry has accelerated its recovery, and the manufacturing purchasing managers index has rebounded significantly, which is the main factor for the slight rebound in the global manufacturing purchasing managers index in March. Judging from the performance of various regions, the spread of the new coronary pneumonia epidemic has gradually shown its impact on the global economy. The manufacturing purchasing managers index in Asia, Europe, America and Africa are all below 50%. The Purchasing Manager Index uses 50% as the critical value of economic strength. Higher than 50% indicates economic expansion and lower than 50% indicates economic contraction.