China's Factory Contraction Eases Amid Trade War Tensions

1 min read
Source: Bloomberg
China's Factory Contraction Eases Amid Trade War Tensions
Photo: Bloomberg
TL;DR

China's factory activity contraction slowed in May following a trade war truce with the US, boosting trade flows despite ongoing domestic demand challenges and uncertain export outlooks, with PMI indicating slight economic improvement but concerns over deflation and growth targets remaining.

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