Manufacturing activity rebounds during March

More policy easing will be necessary to stimulate growth in payrolls, say experts

Manufacturing activity rebounded in China during March, as factories accelerated production after the Chinese Lunar New Year holidays, encouraged by further policy easing expectations.

The manufacturing Purchasing Managers Index climbed to 50.1 in March, up from 49.9 in February and 49.8 in January, the National Bureau of Statistics said on Wednesday.