BEIJING: China's factory activity in April expanded at the fastest pace in four months on stronger demand, but concerns over surging raw materials and input costs clouded the outlook, according to a private survey released on Friday.
The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) rose to 51.9 in April from an 11-month low of 50.6 in March, beating analyst expectations for a smaller uptick to 50.8. The 50-mark separates growth from contraction on a monthly basis.
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