China’s official PMIs showed a return to expansion in March, with Manufacturing PMI rising from 49.0 to 50.4, beating expectations of 50.3 and marking the strongest reading in a year. The rebound snapped two months of contraction, driven by a pickup in production and a sharp improvement in new orders, with export demand showing notable […]The post China PMIs Return to Expansion as Output and Orders Rebound, but Cost Pressures Surge appeared first on ActionForex.