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Chinese economic data paint an upbeat picture. U.S. companies operating in China are not buying it.

Published: March 1, 2023 at 7:51 p.m. ET Chinese factory activity hit a decade high in February, according to data released Wednesday Whether the Chinese economy is truly now in an upward trajectory has become a matter of perspective. wang zhao/Agence France-Presse/Getty Images China’s economy continues to outperform even the most bullish of analyst expectations

chinese-economic-data-paint-an-upbeat-picture-us-companies-operating-in-china-are-not-buying-it.

Chinese factory activity hit a decade high in February, according to data released Wednesday

Whether the Chinese economy is truly now in an upward trajectory has become a matter of perspective.

wang zhao/Agence France-Presse/Getty Images

China’s economy continues to outperform even the most bullish of analyst expectations, though U.S. businesses with operations in the Asian economic powerhouse remain as pessimistic as ever, according to new reports.

China’s manufacturing and services activity are soaring, as the country continues to heal from the stranglehold the government put on businesses in its rigid effort to tame COVID-19 outbreaks.

On…

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