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China's Manufacturing PMI Rebounds to 50.4 in March 2026

3/31/2026

34 8 Full Breakdown

Summary

Story summary

China's manufacturing PMI rose to 50.4 in March 2026 from 49.0 in February, marking the first expansion of 2026.
The non-manufacturing PMI rose to 50.1 in March 2026, signaling a rebound in services and construction.
Rising raw material costs and supply chain disruptions pose risks, even as exports surged earlier this year, while China aims to shift toward domestic consumption.

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Story summary

China's manufacturing PMI rose to 50.4 in March 2026 from 49.0 in February, marking the first expansion of 2026.
The non-manufacturing PMI rose to 50.1 in March 2026, signaling a rebound in services and construction.
Rising raw material costs and supply chain disruptions pose risks, even as exports surged earlier this year, while China aims to shift toward domestic consumption.