Source: S&P Global China’s manufacturing output plunged at the fastest pace in two years in March on resurgent COVID-19 cases and economic uncertainty from the Ukrainian war. CSI 300 Index up +1.27%, CNY USD down -0.32% The Caixin/Markit Manufacturing Purchasing Managers’ Index dropped to 48.1 in March, signaling the steepest pace of contraction since February 2020, … [Read more...] about China’s Caixin Manufacturing PMI Plunges to 48.1 in March, Lowest Level in 2 Years
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