Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Email tooltip

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

China’s March factory activity shrinks for the fourth month

China’s March factory activity shrinks for the fourth month

Information is not investment advice

In China, in March, factory activity tumbled for a fourth straight month, in a sign that the Chinese economy is still losing steam. It contributed to fears about faltering global surge.

A dismal outcome, coming on the heels of the steepest dive in industrial gain for 7 years, would underline the necessity of greater stimulus as the Chinese government struggles to fix the national economy and resolve a bruising trade conflict with America.

The official Purchasing Managers' Index hit 49.5, soaring a bit from February's outcome of 49.2, although still below the 50 mark, which separates contraction from expansion on a monthly basis.    

In March, seasonal factors probably drove the uptick in the factory indicator because factories increased activity after last month’s long Lunar New Year holidays. Besides this, some steel mills have also began to ramp up output as winter smog restrictions are over.

While weakness in the headline result is generally anticipated, policymakers and traders will probably focus on whether there’s any improvement in domestic orders responding to a series of surge boosting measures for the last time.

Export orders will probably stay weak because China's trade-oriented neighbors, including South Korea, Taiwan, and Japan have all faced decelerating demand.

Tit-for-tat levies slapped by China and America remain in place as they keep negotiating their trade issues. However, with the everlasting trade conflict, which has disrupted the flow of billions of dollars of goods between the two leading economies, no one knows for sure whether an agreement acceptable to the partners can be made or not.

On Wednesday, US statesmen told that China and America have achieved progress in all negotiated areas.



Choose your payment system

Learn more


Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later