ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

China factory activity expands for first time in four months

Purchasing Managers' Index rise points to modest recovery in virus-hit economy

Workers assemble car seats at a factory in Shanghai. China's factory activity has been bruised in recent months by virus lockdowns in major cities that slammed the brakes on production.   © Reuters

SHANGHAI -- China's factory activity in June expanded for the first time in four months, a key manufacturing index showed Thursday, as major economic hubs, including the financial capital Shanghai, emerged from virus lockdowns.

The manufacturing Purchasing Managers' Index (PMI) rose to 50.2 this month from a 49.6 reading in May, marking its first expansion since February. The 50-point line separates contraction from expansion.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more