KURE - China's manufacturing activity remains in contraction for second month at 49.5 in June
2024-07-01 02:46:17 ET
The official NBS Manufacturing PMI in China shows the manufacturing activity remained in contraction for the second straight month, signaling the need for additional stimulus measures as China strives to regain economic stability. Meanwhile, the services sector remained in expansion but slowed to a six-month low....
China's manufacturing activity remains in contraction for second month at 49.5 in June