Caixin PMI Shows Surge in China Manufacturing, Despite Global Challenges China’s manufacturing activity surged in May, growing at the fastest rate in nearly two years, driven by production increases and new orders, particularly among smaller firms, according to the Caixin/S&P Global PMI, which rose to 51.7. Despite this positive outlook for the second quarter, global risks persist. China’s efforts to boost infrastructure and high-tech manufacturing to counter weak domestic demand and a prolonged property crisis have yet to fully impact businesses and workers. This optimistic private sector PMI contrasts with an official survey showing a decline in manufacturing activity. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Prices Rise for Fifth Week Amid Iran-Israel Tensions READ MORE Fed's Rate Cuts Ahead: What It Means for the Economy READ MORE Central Bank Digital Currencies (CBDCs) – Accelerating towards Dystopia READ MORE The Silver War: How China's Stockpiling Affects World Markets READ MORE Larry Fink Critiques India's Gold Obsession: Little Economic or Investor Benefit READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment