US Edition
China’s May factory activity unexpectedly shrinks as tariffs dent sentiment — worst drop since 2022
- China's factory activity contracted for a second consecutive month in May 2025 amid continued declines in residential property sales and trade tensions.
- The manufacturing slowdown followed falling home sales, which slid 8.6% year on year to 294.6 billion yuan, while high tariffs and deflation pressured the economy.
- Authorities maintained existing real estate support programs such as urban renewal and have taken a cautious approach before issuing additional stimulus.
- Wang Ying of Fitch Ratings stated, "China's real estate sector hasn't reached a bottom yet," reflecting suppressed housing demand despite policy efforts.
- The economic slowdown suggests a need for stronger fiscal stimulus to support domestic demand and offset persistent deflation and tariff-related external shocks.
37 Articles
37 Articles
China's manufacturing activity has declined at the latest in September 2022, shows a published private survey in March, and the emphasis on new export start shows the impact of US banned tariffs, transmitted by the CNBC, taken by News.ro.
China Manufacturing Activity Crashes to Lowest Point Since 2022 | Business Matters (June 3)
China’s manufacturing sector contracted in May for the first time in eight months, to its lowest level since September 2022. The drop was driven by the sharpest decline in new orders in over two years and continued weakness in export orders, and reflects the ongoing pressure from U.S. tariffs—despite a temporary trade truce. ...
China's Manufacturing Activity Plunges Into Contraction In May, Hits Lowest Level Since 2022 Amid Trump Tariff Woes - Alibaba Gr Hldgs (NYSE:BABA), Aluminum Corp of China (OTC:ALMMF)
The manufacturing sector in China has slipped into contraction in May, marking its lowest level since September 2022, as the impact of tariffs continues to weigh heavily on the industry despite a temporary trade truce with the U.S. What Happened: Data released on Tuesday by Caixin Media Co. and S&P Global revealed that the Caixin manufacturing purchasing managers index dropped to 48.3 in May from 50.4 in April. For the first time in eight months…
U.S. tariffs slowed down China's manufacturing in May
A new survey of Chinese manufacturers released Tuesday showed factory activity shrank in May, dropping to the lowest level in nearly three years after a barrage of tariffs from the Trump administration dented the sector.Read more...
China’s manufacturing activity unexpectedly contracted inMay amid weak
A private survey revealed that China’s manufacturing activity unexpectedly contracted in May to 48.3 in May 2025, down from April’s 50.4 and missing forecasts of 50.6, marking the first contraction in the sector in eight months, with a sharper decline
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