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China’s economic activity stabilised in May with manufacturing activity down slightly and non-manufacturing up slightly, according to the latest official purchasing managers’ indices (PMI) released on Monday.
BEIJING, May 31 (Xinhua) -- The purchasing managers index (PMI) for China non-manufacturing sector came in at 55.2 in May, up 0.3 percentage points from the Apr
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.A gauge of China’s manufacturing industry was little changed in May as soaring input prices weighed on smaller factories, suggesting the economy’s recovery momentum might have peaked for now.The official manufacturing purchasing managers’ index slowed slightly to 51 in May. the National Bureau of Statistics said Monday. The non-manufacturing gauge, which measures activity in the construction and services sectors, climbed to 55.2. Readings above 50 indicate an expa...
© Provided by Xinhua BEIJING, May 31 (Xinhua) -- The purchasing managers index (PMI) for China non-manufacturing sector came in at 55.2 in May, up 0.3
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