The manufacturing sector in China continued to contract in July, albeit at a slower pace, the latest survey from the National Bureau of Statistics said on Monday with a manufacturing PMI score od 49.3.That's up from 49.0 in June and it beat expectations for 49.2. It also remains beneath the boom-or-bust line of 50 that separates expansion from contraction.The bureau also said that the non-manufact...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.