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China's manufacturing PMI slightly improved to 49.5 in May, hinting at a slowing decline.
China's manufacturing activity showed a slight improvement in May, with the purchasing managers' index (PMI) rising to 49.5 from 49.0 in April.
The index remains below 50, indicating continued contraction, but suggests a slowing of the decline.
The improvement may be linked to a temporary US-China trade deal that reduced tariffs.
However, uncertainty remains due to ongoing tensions between the two countries.
The non-manufacturing PMI stood at 50.3, indicating growth in services and construction sectors.
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El PMI manufacturero de China mejoró ligeramente a 49,5 en mayo, lo que insinúa una desaceleración del descenso.