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China's May Factory Activity Contracts

Financial Express Chennai

|

June 01, 2025

CHINA'S FACTORY ACTIVITY contracted in May, according to an official survey, although the decline slowed from April as the country reached a deal with the US to slash President Donald Trump's sky-high tariffs.

China's purchasing managers index rose from 49.0 in April to 49.5 in May, the National Bureau of Statistics said. Meanwhile, the manufacturing index showed growth in the sector, although the index me

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