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China manufacturing PMI dips in May, falls short of expectations

Key manufacturing gauge underscores unstable post-COVID recovery

Workers assemble car seats at a factory in Shanghai, China: The country's production index dipped in May.   © Reuters

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.

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