China’s May services PMI surges to 54.4, beating forecasts; PBoC halts open market injections
China's Factory Activity Slows
- China’s manufacturing activity stayed flat in May after expanding for two straight months, reflecting the pressure from rising energy costs since the Middle East conflict began Wall Street Journal —
- China Factory Activity Worsens in Warning Sign for Economy Bloomberg —
- Soaring prices during the Iran war jeopardize travel to tourism-dependent countries in Asia The Independent —
- China's factory activity slows in May, raising questions over its economy ABC News —
- China’s factory activity slows in May, raising questions over its economy The Independent —