China manufacturing PMI falls for third straight month in June

Analysts downgrading economic forecasts for nation over rest of 2023

20230630 PMI

The truck production line at Shaanxi Automobile Group's factory in the Chinese city of Xian on May 17. © Reuters

BEIJING (Reuters) -- China's manufacturing activity contracted for a third straight month in June, albeit at a slower pace, an official factory survey showed on Friday, as pressure builds for policymakers to release more stimulus to shore up weak demand.

Sponsored Content

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