China's factory activity rises at fastest pace in over 3 years, Caixin PMI shows


BEIJING: China's manufacturing activity grew at the fastest pace in more than three years due to production gains, even as demand growth slowed, a private sector survey showed on Monday, indicating the health of the sector remained robust.

The Caixin/S&P Global manufacturing PMI rose to 51.8 in June from 51.7 in the previous month, marking the fastest clip since May 2021 and surpassing analysts' forecasts of 51.2.

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Caixin , PMI , manufacturing , industrial , China

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