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 Report: Singapore Positioned to Emerge as Major Global Gold Hub READ MORE What Could Derail Gold’s Bull Run? One Analyst Says Japan READ MORE WGC: Is There a January Effect for Gold? READ MORE Gold Defies Market Trends as Investors Flock to the Metal READ MORE Gold Prices Surge on Geopolitical Tensions, Then Dip After Fed Comments READ MORE Add a Comment Cancel replyYour email address will not be published.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