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Weak PMI Shows Demand Is Insufficient - Herald

CHINA PRESS
MNI (BEIJING)

China’s weak PMI data in May shows domestic demand remains insufficient which adds pressure to the fine tuning of macro policy, the 21st Century Herald said. Interviewing analysts and experts, the paper noted the economy’s overall recovery trend has not softened substantially, but has fallen short of analysts expectations at the start of the year. Policymakers must expand infrastructure construction and government investment to overcome weakness in the manufacturing, real estate and export sectors, the paper said.

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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