China’s Caixin PMI Manufacturing rose to 50.4 in June from 48.3, topping expectations of 49.0 and marking a return to expansion territory. However, Wang Zhe of Caixin Insight cautioned that job losses persisted, external demand remained weak, and price pressures were subdued. While the latest figures point to near-term stabilization, underlying risks remain elevated. Wang […]The post China Caixin PMI manufacturing rises to 50.4, but optimism fades appeared first on Action Forex.