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China's manufacturing PMI edges down to 51 in May

Economy

The purchasing managers' index (PMI) for China's manufacturing sector came in at 51 in May, slightly down from 51.1 in April, data from the National Bureau of Statistics showed Monday.

XinhuaUpdated: May 31, 2021

The purchasing managers' index (PMI) for China's manufacturing sector came in at 51 in May, slightly down from 51.1 in April, data from the National Bureau of Statistics showed Monday.

A reading above 50 indicates expansion, while a reading below reflects contraction.