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 .
There are 897 words left in this subscriber-only article.