NBS: China's manufacturing PMI returns to expansion in June

China's Purchasing Managers' Index (PMI) for the manufacturing sector recovered to the expansion zone in June, up by 0.3 point from May to reach 50.3, according to the latest data released by the National Bureau of Statistics (NBS) on Tuesday morning.

Both production and demand in the sector expanded in June, with the sub-index of production standing at 51.4, up by 0.2 point on month, and the sub-index of new orders witnessed an on-month rise of 1.3 points to reach 51.2, suggesting an improvement in market demand. For June, the PMI