SHANGHAI -- China's factory activity weakened further in May, underlining the economy's shaky recovery from the COVID-19 pandemic, as orders softened.
The official manufacturing purchasing managers' index (PMI) came in at 48.8 this month, down from 49.2 for April, the National Bureau of Statistics reported on Wednesday. This extends a string of declines since March, after a brief uptick in the first two months of the year.
