China PMIs sink

Trade war landing in China. First the manufacturing PMI:

In May 2019 , the China Manufacturing Purchasing Managers Index ( PMI ) was 49.4% , down 0.7 percentage points from the previous month .

In terms of enterprise scale, the PMI of large enterprises was 50.3% , which was 0.5 percentage points lower than that of the previous month and still higher than the critical point; the PMI of small and medium-sized enterprises was 48.8% and 47.8% , which were 0.3 and 2.0 percentage points lower than the previous month .

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