Bond.az -- China's manufacturing activity weakened in May. Official data showed the PMI fell to 50.0.
The manufacturing PMI dropped to 50.0 from 50.3 in April. The reading is on the threshold between expansion and contraction.
The non-manufacturing PMI rose to 50.1 from 49.4, beating expectations.
The data adds to signs China's economic momentum has slowed after a strong start. April indicators showed softer growth in industrial production and retail sales.
Authorities have taken measures to support growth. The People's Bank of China cut its one-year policy loan rate to a record low.
Exports remain resilient. China posted a record trade surplus in 2025. Demand for AI infrastructure supports overseas sales.
A stronger yuan pressures exporters. Nearly a quarter of listed firms reported forex losses.
Trade talks between the US and China continue. Agreements were made to establish new trade and investment committees.
