Asia stocks set to gain as China's economic activity unexpectedly bounces in March

  • 📰 CNBC
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Factory activity in China unexpectedly jumped in March — rising for the first time in four months — according to an official survey released Sunday.

Stocks in Asia were set to see opening gains on Monday morning following data released over the weekend that showed economic activity in China unexpectedly bouncing back in March.

The official Purchasing Managers' Index rose to 50.5 in March from February's three-year low of 49.2, marking the first expansion in four months, according to data released by the National Bureau of Statistics on Sunday. The 50-mark separates growth from contraction on a monthly basis. "This is the first month in four that Chinese manufacturing activity has returned to growth and suggests a read through of Chinese macro policy growth support beginning to flow through into the economy," David de Garis, a director and senior economist at the National Australia Bank, said in a morning note.

On the U.S.-China trade front, high-level trade negotiations between the two economic powerhouses are set to resume in Washington this week following last week's talks in Beijing.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It's called the pre market pump before bad retail and auto report before bell. Yes they steal your money when you sleep. $spy

fake statistics, from. This point forth I will not feel sorry for people that CLAIM be A victim in the next crash, NO REASON FOR IT! ITS CALLED GAMBLING , PEOPLE LOSE, THERE ARE NO VICTIMS IN GAMBLING $SPY

China unexpectedly bounces and the USA unexpectedly falls.

Astg ⬅️mükemmel akrostiş❤️❤️❤️❤️🔺👁️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China March factory activity seen contracting for fourth monthFactory activity in China likely contracted for a fourth straight month in March...
Source: Reuters - 🏆 2. / 97 Read more »

China March factory activity unexpectedly expands, beats forecastFactory activity in China unexpectedly expanded for the first time in four month... They may build things but when they don’t buy food products from Canada they will starve. I suspect smuggling of supplies. Ein1981 lantian787 这又是统计局的功劳吧?
Source: Reuters - 🏆 2. / 97 Read more »

China March factory activity grows for first time in four months, but exports weakFactory activity in China unexpectedly grew for the first time in four months in... we dont want your plastic junk! Hope they stay weak
Source: Reuters - 🏆 2. / 97 Read more »

China Manufacturing Gauge Hits Six-Month HighAn official gauge of activity in China’s crucial manufacturing sector rose to a six-month high in March, suggesting that Beijing’s support policies are gaining traction. mcm_ct If you believe their BS mcm_ct x Senator Bob Corker, no friend of Trump, said he likes what he sees w the China negotiations during CNBC interview last week. 'The U.S. needs to be tough w China who is violating WTO Rules. Our best defense is to continue to promote strong economic growth & strong military.'
Source: WSJ - 🏆 98. / 63 Read more »

At least seven killed in blast at electronics factory in east ChinaThe blast happened when a container for storing scrap metal burst into flames outside a factory in an export processing zone in Kunshan, Jiangsu province
Source: trtworld - 🏆 101. / 63 Read more »

A devastating explosion at a factory in ChinaThe local government is blamed for slack supervision Was it an alt-right factory? benshapiro Since when did begins to 'care' about China . Accident, and try hard to link accident to our current political system and say 'in the forseeable future, China would surely collapse like USSR '. Nearly every article covering China convey the same message. Again? China is a terror supporter with audacious human/animal rights, intellectual property infringements & substandard products
Source: TheEconomist - 🏆 6. / 92 Read more »

Auto giants Daimler and Geely Holding team up to develop electric carsThe joint venture will see cars assembled at a purpose built electric vehicle factory in China.
Source: CNBC - 🏆 12. / 72 Read more »

US-China trade talks is a bigger risk to Asia markets than the Fed: Credit SuisseNegotiators from the U.S. and China are scheduled to meet in Beijing for their next round of talks starting Thursday. After that, both sides are expected to hold meetings in Washington starting April 3.
Source: CNBC - 🏆 12. / 72 Read more »

Asia stocks set to gain as US-China trade talks resumeShares in Asia were poised to see opening gains on Friday morning as trade negotiations between the U.S. and China continue in Beijing. LOL... Again? How many times will they go up on the same BS? Why don't they include the ending of the torture of dogs and cats by the Chinese? Doesn't this rate as a good thing, an important one? EndYulinDogmeatFestival
Source: CNBC - 🏆 12. / 72 Read more »

1 perfect March Madness bracket remains heading into Sunday’s late gamesWith 4 games left tonight, one person had picked every MarchMadness game correctly so far.
Source: MarketWatch - 🏆 3. / 97 Read more »