China factory activity unexpectedly cools in April ...Egypt

Beijing Reuters  —  China’s manufacturing activity unexpectedly shrank in April, official data showed on Sunday, raising pressure on policymakers seeking to boost an economy struggling for a post-Covid lift-off amid subdued global demand and persistent property weakness. The official manufacturing purchasing managers’ index (PMI) declined to 49.2 last month from 51.9 in March, according to data from the National Bureau of Statistics, below the 50-point mark that separates expansion and contraction in activity. That missed expectations of 51.4 tipped by economists in a Reuters poll and marked the first contraction since December, when the official manufacturing PMI was at 47.0. The world’s

Read More Details
Finally We wish PressBee provided you with enough information of ( China factory activity unexpectedly cools in April )

Also on site :

• Martha Stewart, 83, Says She Loves This At-Home Laser That Boosts Collagen
• '90s Country Star, 54, Stuns Concert Goers with 'Epic Medley' of Classic Rock Tunes: 'Amazing'
• We have destroyed Iran’s air defenses, Israeli Army Chief announces