BEIJING • The official manufacturing purchasing managers’ index rose to 50.2 last month from 49.6 in May, the National Bureau of Statistics (NBS) said. That slightly missed the forecast for 50.5 in a Reuters poll but rose above the 50-point mark that separates contraction from growth for the first time since February.
Though activity in China is gaining momentum after lengthy Covid-19 lockdowns in April and May, headwinds, including a still subdued property market, soft consumer spending and fear of any recurring waves of infections, persist.
Bu hikaye The Straits Times dergisinin July 01, 2022 sayısından alınmıştır.
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Bu hikaye The Straits Times dergisinin July 01, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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