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- Chinese manufacturing PMI rose more than expected in May
Chinese manufacturing PMI rose more than expected in May
The manufacturing sector in China continued to expand in May, and at a faster rate, the National Statistics Bureau said on Thursday with a manufacturing PMI score of 51.9, cited by rttnews.
That exceeded forecasts for 51.4, which would have been unchanged from the April reading.
The bureau also said that its non-manufacturing PMI came in with a score of 54.9.
That also beat expectations for 54.8, which also would have been unchanged.
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