Chinese manufacturing hits 3-year high

CHINA'S manufacturing sector saw the fastest growth in activity in three years in June, thanks to strong production and stabilizing employment, according to a private survey released on Monday, adding to growing indicators of a steady recovery in the world's second-largest economy.

While Chinese businesses continue to face complex external challenges, including rising trade protectionism, a growing number of policy measures aimed at further stabilizing growth and improving the business environment will continue to boost vitality and improve business confidence, analysts said.