China HSBC Flash PMI jumps to 51.7 after Lunar New Year dip

Growth in China’s vast manufacturing sector picked up in March, a preliminary survey of factory managers showed on Thursday, recovering from a holiday-driven dip the month before but still short of January’s strong performance.

The HSBC Purchasing Managers’ Index for March revived to 51.7 in March from 50.4 in February, but remained below a two-year high of 52.3 reached at the beginning of the year.

via Business feed http://www.scmp.com/business/economy/article/1196108/china-hsbc-flash-pmi-jumps-517-after-lunar-new-year-dip