Manufacturing index slightly up in China

Manufacturing index slightly up in China

China’s official Purchasing Managers’ Index increased slightly from 50.6 points in April to 50.8 points in May

Experts expected the index to settle at 49.8 points or just below the dividing line between expansion and contraction in activity from the previous month, now there is a little expansion noted. The counterpart, the HSBC Index published next Monday in Hong Kong will reveal how sound the result reported from official China really is.

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