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Financial News: China Manufacturing Sector Steady In May

China Manufacturing Sector Steady In May

05/30/2017 - 21:25:00 (RTTNews)

(RTTNews) - The manufacturing sector in China continued to expand in May, and at a steady pace, the National Bureau of Statistics said on Wednesday with a manufacturing PMI score of 51.2.

That's unchanged from the April reading, and it surpassed expectations for 51.0.

It also remains above the boom-or-bust line of 50 that separates expansion from contraction.

The bureau also said that its non-manufacturing PMI came in with a score of 54.5 - up from 54.0 in the previous month.

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