
China’s May PMI: Economic Resilience on the Rise
May PMI data reveals a rebound in the Chinese mainland’s manufacturing, driven by pro-growth policies amid global volatility.
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May PMI data reveals a rebound in the Chinese mainland’s manufacturing, driven by pro-growth policies amid global volatility.
A Caixin report shows China’s manufacturing PMI dropped to 48.3 in May, down 2.1 points, signaling contraction in the sector.
May’s data shows the Chinese mainland’s manufacturing PMI at 49.5, rising 0.5 points amid improved production and business expectations.
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