China's Manufacturing Contracts for Second Consecutive Month Amid Tariff Impact
TL;DR Summary
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:business#caixin-pmi#china-manufacturing#economic-slowdown#economy#factory-activity#trade-tariffs
- China's May factory activity unexpectedly shrinks as tariffs dent sentiment — worst drop since 2022 CNBC
- China Private Factory Gauge Unexpectedly Shrinks After US Truce Bloomberg.com
- China’s Manufacturing Activity Tumbles Into Contraction as Orders Drop WSJ
- China’s Private Factory Gauge Plunges to Weakest Since 2022 Yahoo Finance
- China's May manufacturing activity likely contracted for second straight month- Reuters poll MSN
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
4 min
vs 5 min read
Condensed
96%
815 → 32 words
Want the full story? Read the original article
Read on CNBC