Via Caixin:China’s manufacturing sector continued to expand at the start of 2018, with production rising to the greatest extent in just over a year. Growth was supported by further, albeit slightly softer, increases in total new work and new export sales. Capacity pressures meanwhile persisted, with backlogs of work rising to the greatest extent since early-2011. January data signalled a solid and accelerated increase in Chinese manufacturing output, with the rate of growth the strongest since December 2016. A number of companies mentioned that improving demand conditions and rising new work led them to raise output.

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