Chinese manufacturing activity picked up in May as a series of government stimulus measures appeared to be taking effect.
Beijing has rolled out several pro-growth policies in recent months as the world’s second-largest economy has shown signs of stalling after years of rapid expansion.
China’s official purchasing managers’ index, an indicator of the health of large industrial companies, came in at 50.8 in May, the highest reading this year and up from 50.4 in April.
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