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30th Jun 2022 14:49China+, Daily Monitor

Chinese activity continued its reopening recovery in June, particularly outside manufacturing.

The surveys point to month-on-month growth, but not enough to save GDP from a quarterly decline.

More stimulus is needed to sustain this bounce, with households and SMEs still under pressure.

construction developers employment hiring plans July June June pmis labour labour force local governments manufacturing manufacturing pmi March May official manufacturing pmi pmi pmis retail sales service sector services pmi small firms smes supply chain surveys

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Keywords for: A Proper Reopening Bounce for China in June

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