PMI manufacturing index in China

By @ibtimes on

The Chinese economy issued the PMI manufacturing reading for the month of May which rose to 52.0, compared with a previous reading 52.9 in April, while the analysts' expectations referred to.51.7.

Moreover, the PMI manufacturing reading came above 50 indicates a recovery of the industrial sector in China is witnessing slower improvement in May, which give a slight positive signs to economic growth in China, while the government works to calm inflation appreciation.

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