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Better growth numbers from China are lifting investing sentiment across the globe as government stimulus measures appear to be taking hold in the world's second largest economy. The private Caixin/Markit Manufacturing PMI came in at 50.8 for March, while the official PMI rose to 50.5, returning back above the 50-mark that separates growth from contraction. Markets are rallying on the news, with Shanghai closing up 2.6%, Dow futures 191 points higher and Nasdaq futures ahead by 1%. High-level trade negotiations between China and the U.S. are also set to resume in Washington this week following last week's talks in Beijing.