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https://www.wsj.com/economy/chinas-manufacturing-activity-expands-buoyed-by-exports-280ec26b
China’s Manufacturing Activity Expands, Buoyed by Exports
The official manufacturing purchasing managers index edged up to 50.3 for June, from May’s 50.0
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China’s official nonmanufacturing PMI, which covers both services and construction activity, rose to 50.2 in June from 50.1 in the prior month.str/Agence France-Presse/Getty Images
China’s manufacturing activity expanded in June after remaining flat last month, thanks in part to resilient exports amid robust global demand for artificial-intelligence and green products.
The official manufacturing purchasing managers index edged up to 50.3 this month from May’s 50.0, according to data released Tuesday by the National Bureau of Statistics. June’s headline reading topped the 50.1 forecast by a Wall Street Journal survey of economists. The 50-point mark separates expansion from contraction.
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