CHINA’S MANUFACTURING PMI FELL TO LOWEST LEVEL IN MARCH 2021

Highlights –

• China’s manufacturing PMI fell to lowest level in March 2021.
• Caixin/Markit reported the country’s manufacturing PMI to have dropped to 50.6 in March.
• Producer price inflation in February picked up to its highest level.
• In March Chinese manufacturers trimmed their staffing levels for the fourth straight month.

China’s Caix....