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China February manufacturing hits 3-month high, but US tariff war clouds outlook

  • China's Purchasing Managers' Index reached a three-month high of 50.2 in February, indicating manufacturing expansion after a dip in January, according to the National Bureau of Statistics.
  • China plans to set a 5 percent economic growth target for the year during the 'Two Sessions' political gathering.
  • US President Donald Trump announced an additional 10 percent tariff on Chinese imports, complicating the manufacturing recovery.
  • Zhao Qinghe from the National Bureau of Statistics noted that February's PMI data was influenced by the resumption of production after the Chinese New Year holiday.
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Portfolio.hu broke the news in on Saturday, March 1, 2025.
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