News Snapshot:
The official manufacturing purchasing managers' index (PMI) rose to 50.2 in June from 49.6 in May, the Bureau of Statistics (NBS) said Topics China | Coronavirus Reuters | Beijing Last Updated at July 1, 2022 03:01 IST 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 Bureau of Statistics (NBS) said. While activity has sped up since various Covid lockdowns...
