China shakes off coronavirus lockdown pain, June PMI rises to 50.2 ChinaPulse.com China News, Data, Media Intelligence and Insights


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A worker wearing personal protective equipment sprays disinfectant next to people lining up to get tested at a makeshift nucleic acid testing site amid the coronavirus disease outbreak in Beijing (Photo: Reuters) China’s factory and service sectors snapped three months of activity decline in June, business surveys showed on Thursday, as authorities lifted a strict Covid lockdown in Shanghai, reviving output and consumer spending. The official manufacturing purchasing managers’ index (PMI) rose to 50.2 in June from 49.6 in May, the National Bureau of Statistics (NBS) said. While activity has sped up since various Covid lockdowns imposed since March have...