China Puts Up Decent PMIs, But Doubts Persist. Trump Says Beijing Plotting Against Him.

China Puts Up Decent PMIs, But Doubts Persist. Trump Says Beijing Plotting Against Him.

China turned in what looked to be decent PMI data for April on Thursday, even as weak external demand threatens to derail the country's nascent recovery from an unprecedented contraction in the first quarter. The official manufacturing gauge printed 50.8 for April, slightly below estimates and down from March, but still in expansion territory. The new export orders sub-index dove to 33.5. Last month, the numbers staged a V-shaped bounce off record lows hit in February, when the country was sti
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