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30-06-17, 03:52 #11
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China Manufacturing Sector Picks Up Steam In June
The manufacturing sector in China continued to expand in June, and at a faster pace, the latest survey from the National Bureau of Statistics showed on Friday with a manufacturing PMI score of 51.7.
That beat forecasts for 51.0, and it's up from 51.2 in May.
It also moves farther above the boom-or-bust line of 50 that separates expansion from contraction.
The bureau also said that its non-manufacturing PMI came in with a score of 54.9, up from 54.5 in the previous month.
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