Economy News Headlines - Yahoo! News: China May official PMI stronger than expected

Economy News Headlines - Yahoo! News Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.

China May official PMI stronger than expected Jun 1st 2013, 02:23 BEIJING (Reuters) - China's official PMI rose to 50.8 in May from 50.6 in April, data showed on Saturday, beating market expectations and raising optimism that the world's second-largest economy may be stabilizing. Investors will get a fuller picture of the Chinese economy on Monday when the official services PMI is released along with the final HSBC survey that focuses on smaller private sector firms in the country. ... Media files: 2013-06-01T013052Z_2_CBRE95003MO00_RTROPTP_2_CBUSINESS-US-CHINA-ECONOMY-PMI.JPG (image/jpeg)

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