China's manufacturing activity unexpectedly contracted in May amid weak output, new orders, and exports
2025-06-03 01:30:09 ET
A private survey revealed that China’s manufacturing activity unexpectedly contracted in May to 48.3 in May 2025, down from April’s 50.4 and missing forecasts of 50.6, marking the first contraction in the sector in eight months, with a sharper decline in new export orders—underscoring the ongoing impact of US tariffs....
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China’s manufacturing activity unexpectedly contracted in May amid weak output, new orders, and exportsNASDAQ: YANG
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