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China's manufacturing activity shrank in April, with PMI falling below 50 amid U.S. tariff hikes.
China's manufacturing activity shrank in April, with the Purchasing Managers' Index (PMI) falling to 49, below the 50-point threshold indicating contraction.
This decline comes amid an intensifying trade war with the U.S., where tariffs on Chinese products reached up to 145%.
The non-manufacturing PMI for the services sector also fell to 50.4, down from 50.8 in March.
Economists warn that the trade disruption could threaten businesses, raise consumer prices, and potentially lead to a global recession.
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La actividad manufacturera de China se redujo en abril, con el PMI cayendo por debajo de 50 en medio de los aumentos arancelarios de los Estados Unidos.