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Latest news with #CaixinMedia
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
China Services Sector Picks Up Slightly Despite Lower Orders
A private gauge of China's services sector signaled that activity picked up in May, despite a renewed fall in new export orders. The Caixin services purchasing managers index rose to 51.1 last month from 50.7 in April, Caixin Media and S&P Global said Thursday. That marked the 29th month above the 50-mark separating expansion from contraction.
Wall Street Journal
4 days ago
- Business
- Wall Street Journal
China's Manufacturing Activity Tumbles Into Contraction as Orders Drop
A private gauge of China's manufacturing activity tumbled into contraction in May, despite a de-escalation in trade tensions with the U.S. last month. The Caixin manufacturing purchasing managers index slid to 48.3 in May from 50.4 in April, according to data released Tuesday by Caixin Media Co. and S&P Global.
