Factory activity in China’s May factory is unexpectedly reduced to the worst since 2022: Coixin

China’s production activity can pass the fastest PACE since September 2022 Showed a personal questionnaire On Tuesday, the impact of the tariffs forbidden to us as the descent of new export orders.

The Caihin / S & P index of global production managers in 48.3, Reuters went missing in 50.6 in 50.6 and fell sharply in April. It fell below 50, this is the first sign that allocates the growth of growth since September last year.

Personal measurement followed the official PMI that shows China’s production activities on Saturday In May, a contract for the second monthAlthough it is slightly higher in April 49.5 to 49.5, the early signs of stabilization in the sector. Reading was re-matched by Reuters’ expectations.

In May, since July 2023, the lowest level of export orders per year, the reduction of foreign demand has been accelerated. The total requirement of the general demand for the total requirement has signed a contract for the first time in eight months.

According to the survey, the second straight month and the fastest clip since January was set on fire.

It should be noted that the factories were held for the first time in four months due to delays in sales and delays.

“Uncertainty has increased in the foreign trade environment, added to domestic economic heads,” said Wang Zhe, “the main macroeconomic indicators showed a weakening weakening at the beginning of the second quarter,” he said.

The personal survey, in mid-mid-month, covers a smaller example of more than 500 exportants, official PMI – Goldman Sachs, 3,000 companies in the 3,000 companies have compiled.

According to LSEG, in January 2023, in May 50, 20023, over 50.4 since January 2023, which has been formal produced from 50.3 since 2023, fell to 50.3. CAIX’S SERVICES PMI on Thursday for May.

US President Donald Trump has suspended 145% of tariffs in Chinese imports – most affected 90 days in April – a Meeting between the best trade representatives of the United States and China Last month in Switzerland.

Tariffs for goods imported from the United States are now up to 51.1%, and the Chinese import of China’s imports are 32.6%, thinking tank Institute of Peterson International Economics.

China’s industrial exit, which measures the cost of the goods, has grown in April in April, compared to 7.7% jump in the previous month in a year.

Export rose 8.1% better than expected A year ago, a year ago, the enterprises rose to Asian peoples, which rose to the southeast, were made for the sharp fall of goods sent to the United States

Country Industrial profit rose to a second month In April, despite higher tariffs and deflation pressure, Liquidity stresses facilitated liquidity strains, such as existing support measures, and industrial companies improved cash flows.

Chinese politicians have spread a large number of measures targeted Consumption of stimulating consumption of tariffs supporting enterprises and increase employment. People’s Bank of China in May Reduced basic policy proportions 10 keypoint and reserve required ratio or by RRR 50 key pointsIt is necessary to reduce the amount of cash in stock of banks, increasing liquidity in the economy.

These steps prevent investment and consumer spending in the background of the sustainable deflation pressure of China, an investment and consumer expenditures such as retaliatory market.

Beijing, Tuesday, Tuesday, Tuesday, Tuesday, Tuesday, Tuesday, Tuesday, Tuesday, Tuesday, “Better movement in the real estate sector” and waiting to increase the consumption.

Retailers were kidnapped expectations, a year ago increased by 5.1% in April. Wholesale prices have been sent The most upright fall in six months In April, there are more than two years of deflation. Consumer prices fell for a third month.

The decline in investment related to property has deepened, 10.3% per year Until January-April.