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RSS FeedsManufacturing sector presses ahead as work restarts quicken in May
(WorldNews Politics)

 
 

2 june 2020 04:15:05

 
Manufacturing sector presses ahead as work restarts quicken in May
(WorldNews Politics)
 


China`s manufacturing sector expanded at the highest rate last month since the COVID-19 outbreak, as the rebound in production quickened, a private survey said on June 1. The Caixin China General Manufacturing Purchasing Managers` Index returned into the expansion territory in May and stood at 50.7, the highest level in the last four months, said a report released by media group Caixin on June 1. The index came in at 49.4 in April. A PMI reading above 50 indicates expansion, while one below reflects contraction. The pickup in operating conditions was backed...


 
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