• 11/27/2024

China’s economic recovery continues to stutter as manufacturing activity contracts further in May

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

China’s official manufacturing purchasing managers’ index (PMI) fell to 48.8 in May from 49.2 in April, while the non-manufacturing gauge fell to 54.5 from 56.4, data released on Wednesday showed.

https://www.scmp.com/economy/economic-indicators/article/3222374/chinas-economic-recovery-continues-stutter-manufacturing-activity-contracts-further-may?utm_source=rss_feed