China Manufacturing Growth Softens


China’s manufacturing sector growth softened in May, while inflationary pressures showed signs of easing, survey data from S&P Global revealed Monday. The headline RatingDog manufacturing Purchasing Managers’ Index fell to 51.8 from 52.2 seen in April. The indicator has remained above the 50.0 no-change mark for the sixth straight month in May.Demand for manufactured goods increased at a softer pa…

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