The Financial Times on Caixin-Markit China manufacturing purchasing managers' index for May:

ICYMI, it came in at 50.2

  • unchanged from April
  • and in expansion (ie above 50)

FT:

  • Caixin-Markit China PMI painted a mixed picture
  • export orders posted their best showing since January
  • business confidence slipped to its lowest since the data series was first published in 2012

"The trade tensions between the United States and China are having an impact on confidence," said Zhengsheng Zhong, director of macroeconomic analysis at CEBM Group