China’s manufacturing activity logged a robust growth in June, completing the strongest quarter since the fourth quarter of 2020, survey data released by S&P Global showed Wednesday.
The RatingDog China manufacturing Purchasing Managers’ Index posted 51.7 in June, down from 51.8 in May.
Although the score fell to a three-month low in June, it remained above the long-run survey trend of 50.8 since 2004. Moreover, the average reading for the second quarter was 51.9, the strongest for any quarter since the fourth quarter of 2020.
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