Factory activity in China in June contracted for a third month, official data released June 30, 2023 show.
Weak China economic data in April and May have fanned calls for economic stimulus for the world's second-largest economy.
China's factory activity in June contracted for a third month, while non-manufacturing activity was at its weakest since Beijing abandoned its strict "zero Covid" policy late last year.
A PMI reading above 50 points to an expansion in activity, while a reading below that level suggests a contraction.
It is not clear if the weak economic data would push the government to launch aggressive stimulus measures soon," he added.
Persons:
—, Zhang Zhiwei
Organizations:
National Bureau of Statistics, PMI
Locations:
China, Beijing