Reported 4 months ago
China's manufacturing activity in May is expected to have grown at a similar pace to April, with a forecasted official purchasing managers' index (PMI) of 50.4. However, there are contrasting forecasts from different economists, reflecting uncertainty in China's growth outlook as the economy continues to recover from the impact of the property sector crisis. While recent economic indicators have shown positive signs, such as 5.3% growth in the first quarter, analysts remain cautious about the sustainability of this recovery due to ongoing challenges in the property sector and weak domestic and overseas demand.
Source: YAHOO