China's manufacturing activity expands for 10th month
BEIJING — China's manufacturing sector expanded for the 10th straight month in May, said the National Bureau of Statistics (NBS) on Wednesday.
The country's manufacturing purchasing managers' index (PMI) came in at 51.2 in May, flat with that in April, according to NBS data.
A reading above 50 indicates expansion, while a reading below reflects contraction.
China's non-manufacturing sector expanded at a faster pace in May.
The non-manufacturing purchasing managers' index came in at 54.5 in May, up from 54 in April, according to the the National Bureau of Statistics (NBS).