- Published at
- by benzinga.com
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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.