China's April manufacturing PMI drops to 49%, down 1.5 percentage points MoM

Tuesday, Apr 29, 2025 9:31 pm ET1min read

●China's April manufacturing PMI drops to 49%, down 1.5 percentage points MoM

●High-tech manufacturing PMI remains expansionary at 51.5%

●Consumer goods sector's new orders index stabilizes at threshold level

●Business expectation index holds at 52.1% in expansion territory

●Non-manufacturing PMI stays expansive with services at 50.1%

●Tourism and information services show strong activity in April

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