China’s manufacturing activity contracts

News Snapshot:

BEIJING — China's manufacturing activity contracted for a second month in May, an official survey showed on Saturday, raising expectations for more stimulus to support the economy amid a protracted trade war with the United States. COMING TOGETHER A Boeing 737 American Airlines passenger aircraft (foreground) and an Airbus A320 American Airlines passenger aircraft (center) are seen at LaGuardia Airport in New York City on April 30, 2025. Heads of major airlines will convene in New Delhi, India, for their annual summit that will begin on June 1, where they tackle, among others, the trade war between the United States...