摩根士丹利：中国经济评论- 第二季度增长强劲，未来面临更多阻力
2025-07-03 02:41
ab 3 July 2025 Global Research China Economic Comment Data Preview: Robust Q2 Growth, More Headwinds Ahead High frequency: better PMIs, weaker home sales, cooler port activities NBS manufacturing PMI edged up by 0.2ppt to 49.7 and Caixin PMI jumped by 2.1ppt to 50.4 in June, with both new orders and production index improving. NBS non- manufacturing PMI edged up by 0.2ppt to 50.5 in June with slightly softer service PMI but stronger construction PMI. 30-city property sales declined further to -10% YoY in Ju ...