BEIJING - China’s factory activity expanded at a stronger pace in June in a boost to hopes for a quick economic recovery globally and at home, but the persistent weakness in export orders suggests the coronavirus crisis will remain a drag on growth for some time.
But export orders continued to contract, albeit at a slower pace, with a sub-index standing at 42.6 compared to 35.3 in May, well below the 50-point mark. Indeed, despite a flurry of government measures to support smaller companies, the PMI survey showed activity in these firms contracting last month.
A separate official survey on China’s services sector showed activity expanded at a faster clip in June. The non-manufacturing Purchasing Managers’ Index rose to 54.4, from 53.6 in May, suggesting steadily stabilising business confidence. While the improvement this month might be due to easing in restrictions across some countries, export demand has remained weak overall with infections steadily rising across the world.
AHEM. She doesn't seem to be going THAT fast in the photo. Someone get Trump on the phone to China.... I need more unnecessary bullshit faster.
great. new, made in china products are banned in my household buy local and support Taiwan
The stay-at-home stocks surged as Texas paused reopening, Jim Cramer says
FCK CHINA!
. has been allowed to remain in China, while the .nytimes .washingtonpost & WSJ were kicked out. Believe nothing from Reuters
日已落帝国的图片真的会选，每次都是通过这样的方式进行丑化攻击，格局真的是不行
What? China needs to export? What do the 1.4 billion people buy things from ?
Back to work, slaves. :(
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