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China manufacturing shrinks in June despite trade war respite

Energy Daily Monday, 30 June 2025 ()
China manufacturing shrinks in June despite trade war respiteBeijing (AFP) June 30, 2025

China's manufacturing activity ticked up in June but remained in contraction territory, official data showed on Monday, as the truce in its trade war with the United States held. The Purchasing Managers' Index - a key measure of industrial output - came in at 49.7, according to the National Bureau of Statistics (NBS). The figure was higher than May's 49.5 and slightly above the 49.6 es
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