China official PMI rises to 50.1 in March
March 31, 2015 at 21:04 PM EDT
China's factory activity surprisingly expanded in March, government data showed on Wednesday. The official Purchasing Managers' Index rose to 50.1 in March from February's 49.9, a tad above the 50- mark that that separates growth from contraction. The Australian dollar widened gains on the news to trade at $0.7642, from $0.7612 against the U.S. dollar..
