Those who are bullish on China's prospects are having a great week: its all-important manufacturing sector has returned to expansion. Enjoy it, because this momentary high is already ceding ground to global realities.
Opinion
China's sharp manufacturing recovery means little if world in recession
With US, Europe and Japan all struggling, there is no one to buy Chinese goods
Workers assemble air conditioners at a factory in Jiujiang on Mar. 16: if China really is back, who is buying? © FeatureChina/AP
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