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China's Manufacturing Contracts for Second Consecutive Month Amid Tariff Impact

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Source: CNBC
China's Manufacturing Contracts for Second Consecutive Month Amid Tariff Impact
Photo: CNBC
TL;DR

China's May manufacturing activity contracted at its fastest rate since September 2022, driven by declining export orders and ongoing trade tensions with the US, despite some government measures to stimulate the economy.

Topics:businesseconomy#caixin-pmi#china-manufacturing#economic-slowdown#economy#factory-activity#trade-tariffs
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  1. China's May factory activity unexpectedly shrinks as tariffs dent sentiment — worst drop since 2022  CNBC
  2. China Private Factory Gauge Unexpectedly Shrinks After US Truce  Bloomberg.com
  3. China’s Manufacturing Activity Tumbles Into Contraction as Orders Drop  WSJ
  4. China’s Private Factory Gauge Plunges to Weakest Since 2022  Yahoo Finance
  5. China's May manufacturing activity likely contracted for second straight month- Reuters poll  MSN

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