Chinese state English-language paper; highlighted the 53.5 high-tech sub-index and the return of foreign orders to expansion as evidence of resilient external demand despite the trade war
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Global Times · China · China's June manufacturing PMI rises to 50.3, high-tech sector leads third straight month of expansion
Reported the June PMI at 50.3, emphasising the high-tech manufacturing sub-index at 53.5 and noting that new export orders returned to expansion at 50.1, which it attributed to sustained AI-related demand from overseas customers.
“China's June manufacturing PMI reaches 50.3, boosted by strength in high-tech manufacturing.”