China economic activity stabilised in May, reinforcing expectations that growth is peaking

Source: South China Morning PostChina’s economic activity stabilised in May, with a slight drop in manufacturing sector activity offset by a slight rise in non-manufacturing, according to the latest official purchasing managers’ indices (PMI) released on Monday.The stabilisation in May came after a decline in activity in April, reinforcing expectations by analysts that Chinese economic activity may be peaking in the second quarter of the year.The official manufacturing PMI – a survey of sentiment among factory owners – fell…Read More

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Generated by Feedzy