China's purchasing managers' index rose from 49.0 in April to 49.5 in May, the National Bureau of Statistics said. PMI is measured on a scale from 0 to 100, where 50 marks the cutoff between expansion and contraction
By Tony Walker American-Chinese summit diplomacy comes and goes, but there will not be a much more consequential meeting between two leaders than the latest of Joe Biden and Xi Jinping’s consultations. If a measure was needed of how transformational the relationship between the US and China has become, one only needs to go back […]