US EditionChina's Factory Activity Contracts in May, but There Are Signs of Improvement
- China's manufacturing sector continued to shrink in May 2025, though the pace of contraction eased slightly as the purchasing managers index inched up from 49.0 to just below the 50-point threshold, based on official data.
- The contraction slowed from April as Beijing and Washington recently agreed to a 90-day truce to reduce tariffs, aiming to ease the ongoing trade war tensions.
- The deal cut U.S. Tariffs from 145% to 30% and Chinese taxes from 125% to 10%, but new orders in manufacturing remained below the 50-point expansion threshold.
- National Bureau of Statistics official Zhao Qinghe said some companies reported accelerated foreign trade orders and improved import-export conditions despite rising U.S.-China political tensions.
- Although the tariff truce provides negotiators time for substantive talks, uncertainty persists as U.S. Visa revocations and accusations of violations complicate economic recovery efforts.
38 Articles
38 Articles
Global Times
Macau BusinessChina's manufacturing activity continues to improve as market sentiment strengthens
China's manufacturing activity continued to show signs of improvement in May as production accelerated and market expectations strengthened, official data showed Saturday.
Industrial Activity in China Contracts for the Second Month
Beijing. The industrial activity in China contracted for the second consecutive month in May despite the temporary truce in the trade war with the United States, they indicated official data published on Saturday. The purchasing management index, a key indicator of industrial production, stood in May at 49.5 points, according to the National Statistical Office. Although it improves the data of April (49), it continues below the 50 point threshol…
China's manufacturing PMI rises to 49.5 in May, up 0.5 points from April
China's manufacturing sector continued to show signs of improvement in May, with production accelerating and market expectations strengthening, according to official data released by the National Bureau of Statistics.
China manufacturing shrinks in May despite trade war truce
BEIJING, China — China’s manufacturing activity shrank in May for the second month running, official data showed Saturday, despite Beijing reaching a temporary ceasefire in a blistering trade war with the United States. Beijing and Washington agreed this month to pause staggeringly high tariffs, although US President Donald Trump on Friday accused China of breaching the de-escalation deal. READ: Trump accuses China of violating tariff de-escalat…
Coverage Details
Bias Distribution
- 44% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
