Source: South China Morning PostChina’s factory activity in March expanded at the slowest pace in almost a year on softer overall domestic demand, but underlying economic conditions remained positive even as input and output inflationary pressures intensified for manufacturers.The Caixin/Markit manufacturing purchasing managers’ index (PMI) dropped to 50.6 last month – the lowest level since April 2020 – from February’s 50.9, missing analyst expectations for an uptick to 51.3.The 50-mark separates growth from contraction on a…Read More