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[ Fri, May 09th 2025 ]: MassLive
People in Business May 5, 2025

China's factories take a big blow as Trump's tariffs bite | CNN Business

In April 2025, China's manufacturing sector showed signs of recovery as the official purchasing managers' index (PMI) rose to 50.4, indicating expansion after six months of contraction. This improvement comes amidst ongoing trade tensions, with the United States considering new tariffs on Chinese goods, particularly in technology and renewable energy sectors. The Caixin PMI, which focuses more on small and medium-sized enterprises, also reflected growth at 51.4, suggesting a broad-based recovery. Despite these positive indicators, concerns remain about the sustainability of the recovery due to global economic uncertainties and potential retaliatory measures from trade partners.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/04/30/business/china-pmi-factory-activity-tariffs-hnk-intl/index.html ]