China’s factory activity improved more than forecast in June amid booming exports. The official manufacturing purchasing managers’ index climbed to 50.3 and the measure of activity in construction and services rose slightly to 50.2. Erica Tay, Macro Research Director at Maybank spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa on the growth in China. (Source: Bloomberg)
Tay: Mideast War Pushed China to Diversify Energy Usage
China’s factory activity improved more than forecast in June amid booming exports. The official manufacturing purchasing managers' index climbed to 50.3 and the measure of activity in construction and services rose slightly to 50.2. Erica Tay, Macro Research Director at…
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