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China Manufacturing PMI Slides In May

Por: RTTNews Business May 31, 2023

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The manufacturing sector in China continued to contract in May, and at a faster rate, the latest survey from the National Bureau of Statistics showed on Wednesday.That missed expectations for a score of 51.4 and was down from 49.2 in April. It also moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.The bureau also said the non-manufacturing index came in with a score of 54.5 - again missing forecasts for... + full article



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