SR489-P5-LO-A20-E Caixin China manufacturing PMI rose to 51.7 in May
Manufacturing sentiment continued to rise in May, the supply side expansion accelerated, while the demand side expansion slowed down. The Caixin China Manufacturing Purchasing Managers’ Index (PMI) for May 2024, released on June 3, recorded 51.7, up 0.3 percentage points from April and the highest since July 2022, indicating an acceleration in the expansion of…