Key Points:China’s NBS Manufacturing PMI edged up to 49.7 in June, but the sector remained in contraction.External demand remained weak, with new export orders contracting for the 14th straight month.Services sector expanded further as the NBS Non-Manufacturing PMI rose from 50.3 to 50.5 in June.China PMIs Diverge – Services Expand, Factories Struggle Under US TariffsWill new trade terms revive China’s export sector? On Monday, June 30, key economic data from China indicated strengthening econom