China\’s manufacturing PMI down in March

A heavy truck is assembled on the production line at a factory of the Shaanxi Automobile Holding Group in Xi\’an, northwest China\’s Shaanxi Province, Sept. 27, 2022. (Xinhua/Liu Xiao)

BEIJING, March 31 (Xinhua) — The purchasing managers\’ index (PMI) for China\’s manufacturing sector came in at 51.9 in March, down from 52.6 in February, data from the National Bureau of Statistics showed Friday.

A reading above 50 indicates expansion, while a reading below reflects contraction.

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