Activity in China’s vast manufacturing sector expanded at the fastest pace in a year in March, sending another sign of green shoots in the world’s second-largest economy as policymakers brace for more U.

The China's manufacturing sector came in at 50.5 in March, up 0.3 percentage points from a month earlier, running in the expansion territory for the second consecutive month, data from the National Bureau of Statistics (NBS) showed on Monday.

China's manufacturing activity expanded at the fastest pace in a year in March, an official factory survey showed on Monday, in a positive sign for the world's second-largest economy as it deals with an escalating U.

Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in private placements from investors, including the finance ministry, after Beijing pledged to help them support the economy.

BEIJING (Reuters) -Four of China's largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in private placements from investors, including the finance ministry,

China’s finance ministry will inject $69 billion into four of the nation’s largest state banks via their share placements, following through on Beijing’s earlier pledge to beef up the lenders’ capital buffers.