Global Economy Remains Vulnerable, Despite Progress with China

 the impact of the US tariffs China is showing greater resilience than even its officials expected. The actions of the Chinese authorities appear to have stabilized their economy, at least momentarily.  The Purchasing Managers Index (PMI) in China rose from 49.2 in February to over 50 in March. That is the index's biggest increase since 2012 and well ahead of expectations from leadin