Caixin PMI

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. What Happened: Data released on Tuesday by Caixin...

Chinese stocks fell sharply on Tuesday, led by a fragile-looking real estate sector, following data that showed continuing weakness in the country’s property market. The Hang Seng Index in Hong Kong fell 1.6% on Tuesday. The iShares MSCI China ETF (NYSE:MCHI), an exchange traded fund that...