• Official manufacturing purchasing managers’ index (PMI) rebounds to 50.8 in March, crossing into expansion territory after five months of contraction ⠀

The figure beat the market estimate of 49.9 and returned above the watershed level of 50, which indicates expanding activity, ending five consecutive months of contraction.

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  • tiredturtle@lemmy.ml
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    3 months ago

    Yea lol, every other day it’s that “collapse imminent” and every other time it’s “turning around and winning everything”

    • carl_marks_1312@lemmy.ml
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      3 months ago

      The mixed reporting in western press is amazing. The “geostrategic rival” being strong and weak at the same time… wait where have I heard this type of rhetoric before?

    • catloaf@lemm.ee
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      3 months ago

      As with most things, the truth is somewhere in the middle.