China's manufacturing PMI rebounds to expansion zone


BEIJING (Xinhua): China's factory activities returned to expansion territory in June after three consecutive months of contraction, showed official data released Thursday (June 30), indicating that the world's second-largest economy is on a clear path to recovery.

The purchasing managers' index (PMI) for China's manufacturing sector came in at 50.2 in June, up from 49.6 in May, data from the National Bureau of Statistics (NBS) showed.

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China , factory , prices , June , rebound

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