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China's factory activity expands at quickest pace in over 5 years, private PMI shows [Yahoo! Finance]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: Yahoo! Finance
2020, driven by robust demand that helped lift manufacturers' confidence, a private-sector survey ?showed on Wednesday. The RatingDog China General Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 52.1 in ?February from 50.3 in January, easily beating analysts' forecasts of 50.2 and marking the highest level in over five years. The 50-mark separates growth from ?contraction. The result contrasted with an official survey released earlier in the day that showed factory activity shrank for the second consecutive month in February. Analysts say differences in survey coverage and respondent profiles often contribute to divergent readings. Demand for Chinese manufactured goods strengthened in February, the private survey showed, with the volume of new orders rising for the ninth successive month and at the quickest rate ?since December 2020. That lifted output growth ?to the strongest recorded since June 2024. Overseas demand picked up notably, with Show less Read more
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