A private survey shows China's manufacturing activity unexpectedly expanded in May

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

A private survey showed manufacturing activity in China expanded for the month of May with the Caixin/Markit Manufacturing Purchasing Manager's Index coming in at 50.7.

Analysts polled by Reuters had expected the PMI number to come in at 49.6 compared to the April reading of 49.4.Workers make toys at a plastic product factory in Zhangjiajie, central China's Hunan Province, May 27, 2020.A private survey showed manufacturing activity in China expanded for the month of May.had expected the PMI number to come in at 49.6 compared to the April reading of 49.4.

China posted the official manufacturing Purchasing Manager's Index which came in at 50.6, according to the National Bureau of Statistics. This was compared to 50.8 in April. The Caixin/Markit survey features a bigger mix of small- and medium-sized firms. In comparison, the official PMI survey typically polls a large proportion of big businesses and state-owned companies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

China bohat harami hai issae tu Allah hi jeetaga

It’s China! They can produce any numbers they like!!! Who is independently auditing any of their lies anyway?

To sell to who? To people with out job? ...good luck

So it expanded to last month?

41M unemployed, America is burning. Chinese manufacturing expanded? FUTURES UP!!!!

Stopped believing any data from China as it is all fake. Take the example of Luckin Coffee-touted as Starbucks competitor who fudged their financial & operational figures! Till independent & external agencies publish these numbers no one will trust them anymore!

China is safe using 2 months fighting the virus, all come back to normal. For economy, there will always be a lack of beauty, which is usual for every country.

What a shocker! As amazon sells more crap, China manufacturers more. Somehow people used to call out Walmart for this but I guess sending dikpics makes you a progressive CEO or something.

One reminder: private survey made by Markit, not China officials.

BS. But will shoot the markets higher later we ll know it was fake

realDonaldTrump, now you are scared.

Only CNBC trust the market data in China. Even I never trust it’s data, you are so low!

Sure.....

It means nothing related to US

Interestingly strange I try to not notice that very important hint.

DO YOU BELIEVE THAT?

That's a lie. Because Americans aren't buying their crap anymore.

Right...

China is blazing ahead.

A privately owned Chinese company?

How is it unexpected?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China reports four new coronavirus cases for May 29China recorded four new confirmed cases of coronavirus as of the end of May 29, up from none the day before, data from the country's health authority showed on Saturday. China's numbers don't make medical sense. seriously nobody cares
Source: Reuters - 🏆 2. / 97 Read more »

China reports two new coronavirus cases for May 30China recorded two new confirmed cases of coronavirus on May 30, down from four the day before, data from the country's health authority showed on Sunday. Why do you idiots keep believing everything the CCP tells you? TO THE BAT CAVE ROBBING !!
Source: Reuters - 🏆 2. / 97 Read more »

Asia Pacific stocks set for mixed open; China says its May factory activity expandedStocks in Asia Pacific were set to kick off the trading week in mixed territory as a Chinese data release over the weekend showed the country's factory activity expanding in May. Fuck China They were expecting an expansion.. at 51... and it came in at 50.6.... and they are screaming that that’s why Asia is up!!!? Lol. Mrkts are like the rest of the country.. f’ed up! Lol Call for the arrest of Donald Trump. Evidence has surfaced on how he has raped children. We can not allow him to walk among us when he is a direct threat to our children's safety. OpDeathEaters
Source: CNBC - 🏆 12. / 72 Read more »

Military tensions mount on the India-China borderReports of Chinese incursions into India raise tensions between the nuclear-armed neighbours Just a scapegoat for covering up Modi's failure of containing the virus, and probably the locusts. China wants to respect India because of its size and potential, you don't know what it can be in 100 years, 200 years. But you just can't let these Indians keep provoking mindlessly
Source: TheEconomist - 🏆 6. / 92 Read more »

China media bristles at US moves on Hong Kong over national security pushThe China Daily said Trump's pledge to 'take action to revoke Hong Kong's preferential treatment as a separate customs and travel territory', and to impose sanctions on individuals, would hurt the US, and unite Hong Kong with mainland China.
Source: trtworld - 🏆 101. / 63 Read more »