The manufacturing sector in China continued to contract in May, and at a faster rate, the latest survey from the National Bureau of Statistics showed on Wednesday.
That missed expectations for a score of 51.4 and was down from 49.2 in April. It also moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.