Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag China's manufacturing activity shrank in April, with PMI falling below 50 amid U.S. tariff hikes.

flag China's manufacturing activity shrank in April, with the Purchasing Managers' Index (PMI) falling to 49, below the 50-point threshold indicating contraction. flag This decline comes amid an intensifying trade war with the U.S., where tariffs on Chinese products reached up to 145%. flag The non-manufacturing PMI for the services sector also fell to 50.4, down from 50.8 in March. flag Economists warn that the trade disruption could threaten businesses, raise consumer prices, and potentially lead to a global recession.

110 Articles

Further Reading