10 Days
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اقتصاد سكاي نيوز عربية
China's May industrial slowdown
Industrial activity in China remained stable in May, with the purchasing managers' index (PMI) reaching 50 points, down from 50.3 in April. This indicates a halt in growth following a decline in demand, weak new orders, and reduced production. Despite the challenges posed by the Iran conflict and rising global oil prices, China managed to maintain stability thanks to its diverse energy reserves, while continuing to rely on exports to support its economy.
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