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Posted: 2025-04-30 12:04:31 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-30 12:04:48 UTC
Verified By
Rollup News
China's manufacturing PMI has fallen to 49, the lowest since December 2023, indicating contraction due to Trump's tariffs. Export shipments have plunged, leading Goldman Sachs and UBS to lower China's 2025 growth forecasts. Beijing is responding with easier loans and maintaining its March stimulus, while warning against appeasing U.S. tariff threats.
Manufacturing PMI collapse
Export shipment plunge
Growth forecast reduction
Trump's tariffs
Decline in manufacturing activity
Reduced export shipments