In February, China's manufacturing sector saw significant growth, marking an increase from January's figures, with the official purchasing managers' index rising to 50.2. This growth is attributed to increased new orders and a resurgence in production following the Spring Festival holiday. As China braces for potential tariffs from the US, economists warn that these tariffs could negatively impact demand for Chinese exports and redirect trade patterns towards Europe, possibly disrupting the European market. Analysts are keenly observing developments as the situation unfolds, particularly concerning US trade policy.
China's manufacturing activity expanded at the fastest pace in three months in February, despite the looming threat that Donald Trump will impose tariffs this week.
Beijing's official manufacturing purchasing managers' index rose to 50.2 for February, up from 49.1 in January, indicating that production returned to growth.
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