China Services PMI Growth vs Manufacturing Slump: Key Economic Signals for Trade and Stimulus Decisions Under Xi’s Leadership
Key Points:Trump’s tough talk on Xi Jinping stokes market fears of stalled US-China trade negotiations.China’s Caixin Services PMI rose to 51.1 in May, marking a rebound in employment and activity.Hang Seng Index rallied 0.94% as tech stocks outperformed US stocks.Markets on Edge: Trump’s Xi Comments, Weak US Data Stir Trade ConcernsTrade developments between the US and China continue to drive market sentiment. Markets reeled from US accusations of China breaching the trade war truce and China’s