Chinese factory activity improves slightly with delay on tariffs, but still lags
- China's manufacturing activity slightly improved in June with the PMI rising to 49.7, but stayed below the 50-point growth threshold for the third month.
- This mild improvement follows mid-May tariff de-escalations between Beijing and Washington amid cautious business sentiment over ongoing trade negotiations.
- New orders in the manufacturing sector climbed above the 50.0 mark, and the non-manufacturing PMI increased to 50.5; however, activity among medium- and small-sized enterprises continued to lag behind.
- Economist Zichun Huang said the economy regained momentum but warned weaker exports and fading fiscal support might slow activity in the year's second half.
- China's Politburo meeting in July will clarify growth outlook as officials likely delay further monetary easing and continue reforms shifting toward a consumer-driven economy.
Insights by Ground AI
Does this summary seem wrong?
19 Articles
19 Articles
All
Left
3
Center
5
Right
4
China's weak factory activity maintains pressure for more stimulus as tariff risks weigh
China's manufacturing activity shrank for a third straight month in June, though at a slower pace, as increases in new orders, purchasing volumes and supplier delivery times signalled that policy support rolled out since late last year is taking effect.
·United Kingdom
Read Full ArticleChina's factory activity ticks up but remains below key level
China's factory activity picked up slightly in June. But its key gauge remained below the boom-or-bust line for a third month in a row, as businesses are still concerned about the future of trade talks with the US.
·Tokyo, Japan
Read Full ArticleChinese factory activity improves slightly with delay on tariffs, but still lags
Monthly surveys of Chinese factory managers showed manufacturing improving somewhat in June after President Donald Trump delayed imposing higher tariffs, but overall activity was still contracting.
·United States
Read Full ArticleCoverage Details
Total News Sources19
Leaning Left3Leaning Right4Center5Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 25%
C 42%
R 33%
Factuality
To view factuality data please Upgrade to Premium