China PMI data shows fresh signs of recovery amid COVID-19 control
(WorldNews China)

BEIJING - China`s factory and service sector activities expanded in May amid government policies to coordinate growth and control of the COVID-19 epidemic, official data showed on May 31. The purchasing managers` index (PMI) for China`s manufacturing sector and that for the non-manufacturing sector both stood above the boom-bust line of 50 in May, indicating steady recovery in major industries, data from the National Bureau of Statistics (NBS) showed. While the manufacturing PMI eased to 50.6 in May from 50.8 in April, it still indicated an upward trend in economic growth as...