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flag China's manufacturing PMI slightly improved to 49.5 in May, hinting at a slowing decline.

flag 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. flag The index remains below 50, indicating continued contraction, but suggests a slowing of the decline. flag The improvement may be linked to a temporary US-China trade deal that reduced tariffs. flag However, uncertainty remains due to ongoing tensions between the two countries. flag The non-manufacturing PMI stood at 50.3, indicating growth in services and construction sectors.

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