China Caixin PMI manufacturing rose to 51.7, restoration in the post-pandemic era

China Caixin PMI Manufacturing rose from 48.1 to 51.7 in June, above expectation of 50.2. Caixin said production increased at quickest rate for 19 months, as total new work and export sales returned to growth. Supplier performance stabilized. Wang Zhe, Senior Economist at Caixin Insight Group said: “Restoration in the post-pandemic era remained the focus […]

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