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News About The Global Economy
July 03, 2015
China manufacturing sees slight pick-up in June
Beijing (AFP) July 1, 2015
Chinese manufacturing activity saw a slight improvement in June, official data suggested Wednesday, but analysts said more stimulus to the world's number two economy would likely be needed to re-energise the sector. The official Purchasing Managers' Index (PMI) released by the National Bureau of Statistics (NBS) came in at 50.2 last month, matching May's six-month high. The index, which tracks activity in factories and workshops, is seen as a key barometer of the country's economic health. A f ... read more

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