The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) fell to 49.4, down from 50.2 in May. Photo: Reuters

China factory activity contracted in June as US trade war tariff increase in May starts to bite

  • Caixin/Markit Manufacturing Purchasing Managers’ Index fell to 49.4 in June from 50.2 in May, its lowest reading since January
  • Like official PMI released on Sunday by the National Bureau of Statistics, private survey data show manufacturing sector contracted in June
Topic |   China economy

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The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) fell to 49.4, down from 50.2 in May. Photo: Reuters
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Karen Yeung

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.