Chinese manufacturing rises in April but growth might slow
BEIJING (AP) — Chinese manufacturing expanded in April but growth might be slowing after a rebound from the coronavirus pandemic, two surveys showed Friday.
A monthly purchasing managers’ index issued by the business magazine Caixin rose to 51.9 on a 100-point scale from March’s 11-month low of 50.6 on a 100-point scale on which numbers above 100 show activity expanding.