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\nWorkers assemble molybdenum refining equipment at a Citic Heavy Industries Co Ltd plant in Luoyang, Henan province.<\/i><\/p>\n
\nWorkers assemble molybdenum refining equipment at a Citic Heavy Industries Co Ltd plant in Luoyang, Henan province.<\/i><\/p>\n
A preliminary Purchasing Managers Index for China’s manufacturing sector in May has beaten expectations, suggesting that the economy is stabilizing.<\/p>\n
The PMI, released by HSBC Holdings Plc and Markit Economics, was at 49.7, exceeding the 48.3 median estimated by analysts. It was also a big rise from a final reading of 48.1 in April.<\/p>\n
At the same time, the number remained below the expansion-contraction mark of 50. The final reading will be released June 3.<\/p>\n","protected":false},"excerpt":{"rendered":"
Workers assemble molybdenum refining equipment at a Citic Heavy Industries Co Ltd plant in Luoyang, Henan province. A preliminary Purchasing Managers Index for China’s manufacturing sector in May has beaten expectations, suggesting that the economy is stabilizing. The PMI, released by HSBC\u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[6],"tags":[3],"class_list":["post-2639","post","type-post","status-publish","format-standard","hentry","category-newsofchina","tag-null"],"yoast_head":"\n