Browsing: China

Stocks markets in the Gulf ended higher on Monday, after upbeat China manufacturing data raised optimism about demand in the world’s second largest economy. China’s manufacturing activity expanded at the fastest pace in 13 months in March, with business confidence hitting an 11-month high, a private survey showed on Monday.

Monthly factory activity in China grew for the first time in half a year, official figures showed Sunday, in a positive sign for policymakers seeking to revive the world’s second-largest economy.