China's factory activities unexpectedly returned to growth in May - private survey

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

China’s factory activity unexpectedly returned to growth in May as the economy emerge from strict measures to contain the coronavirus outbreak, but the improvement was marginal as export orders continued to shrink.

The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI), which mainly track medium and small-sized companies and private firms, rose to 50.7 last month, improving from April’s contractionary 49.4. The 50-mark separates growth from contraction on a monthly basis. That's better than a reading of 49.6 expected by analysts in a Reuters poll.

May’s reading . . .

Sign In or Subscribe To Get Full Access.

Everything you need about China markets is on THE WIRE - one timeline with up-to-the-minute updates throughout every trading day.

Follow China Market In The Most Efficient Way!

TRY US FOR FREE

We offer limited-time welcome discount to let more people experience the value of our exceptional services. Don't Miss Out - Grab it!