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Chinese PMI contracts as US tariffs bite

"Lowest since September 2022"

Siobhan Lismore-Scott
Chinese PMI contracts as US tariffs bite

Credits: Shutterstock

Chinese PMI data for May was released overnight, with the Manufacturing PMI coming in at 49.5 and the Caixin Manufacturing PMI coming in at 48.3. The Caixin PMI is at the lowest since September 2022...

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