China Caixin PMI Signals Return to Growth in Manufacturing Sector
A private gauge of China's manufacturing activity bounced back into expansionary territory in June, as a temporary trade truce between Beijing and Washington eased some pressures on Chinese factories.
The Caixin manufacturing purchasing managers index rose to 50.4 in June from 48.3 in May, according to data released Tuesday by Caixin Media Co. and S&P Global.
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