China’s Factory Activity Contraction Eases
Digest more
2don MSN
China's factory activity likely contracted for a second month in May, a Reuters poll showed on Friday, suggesting trade tensions with major export markets are weighing on manufacturers' minds as the world's top two economies seek a way out of a tariff war.
China's manufacturing activity continued to show signs of improvement in May as production accelerated and market expectations strengthened, official data showed Saturday. The purchasing managers' index (PMI) for China's manufacturing sector came in at 49.
US president Donald Trump on Friday again raised tensions amid the ongoing tariff war with China, attacking Beijing for \"totally violating its agreeme.
China's manufacturing activity shrank for a second month in May, an official survey showed on Saturday, raising expectations for more stimulus to support the economy amid a protracted trade war with the United States.