🔥 CHINA JUNE MANUFACTURING PMI 49.7; EST. 49.7
🔥 CHINA JUNE NON-MANUFACTURING PMI 50.5; EST. 50.3
China’s factory activity remains weak, holding below 50 and signaling continued pressure on manufacturing.
But services surprise with a stronger-than-expected rebound, lifting hopes of a domestic-led recovery.
⚠️ Mixed signals fuel market tension — will Beijing step in with stimulus?
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