6/30, 3:18 AM (Source: TeleTrader)
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China manufacturing activity improves in June

China said its manufacturing activity expanded in June with the official Purchasing Manager’s Index coming in at 50.9, topping analysts' expectations.

In May, the official manufacturing PMI landed at 50.6, according to the country's National Bureau of Statistics (NBS).

The NBS report, released on Tuesday, showed the nation's non-manufacturing purchasing managers index (PMI) landing at 54.4, hit by shocks on both the supply and demand fronts due to coronavirus pandemic.

Breaking the News / TF