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China March Factory Activity Grows Fastest in Nearly Five Years on Building Boom

Mar 31 , 2017

Activity in China's manufacturing sector unexpectedly expanded at the fastest pace in nearly 5 years in March, adding to evidence that the world's second-largest economy has gained momentum early this year as construction booms.

But while factory output accelerated and new orders from home and abroad improved, economists are increasingly questioning how long China's solid growth can be sustained.

Over a dozen cities have announced fresh measures in March to cool the overheated property market, while the export outlook is threatened by U.S. President Donald Trump's protectionist rhetoric. 

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