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Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter.
China’s manufacturing exercise contracted in April, in response to an official survey, in an indication of the affect of US President Donald Trump’s commerce conflict on the financial system.
The nation’s official buying managers’ index got here in at 49, the bottom stage since December 2023. A studying of above 50 marks an growth.
The information covers a interval during which a commerce conflict between the US and China escalated dramatically, with tariffs now effectively over 100 per cent in each instructions. China’s official PMI manufacturing gauge had expanded in February and March.
This can be a creating story.
