National Bureau of Statistics: China’s manufacturing PMI was 50.3 in June, up
0.3 percentage point from May and back in expansion territory. By firm size:
large 50.7 (-0.4 pp), medium 50.5 (+1.9 pp), small 48.2 (-0.3 pp). Of the five
subindices, production and new orders were above 50; raw material inventories,
employment and supplier delivery times were below 50.
