China’s June PMI jump reveals an export‑driven rebound that remains vulnerable to EU trade frictions

China’s official Purchasing Managers Index (PMI) rose sharply in June, exceeding expectations and signalling an expansion in manufacturing activity driven by a surge in exports. The uptick suggests a tentative recovery in the world’s second‑largest economy, but accompanying warnings about EU trade disputes and geopolitical exposure highlight the fragility of the rebound. China’s National Bureau of Statistics, exporting manufacturers, EU trade officials, and global supply‑chain participants. Market watchers will monitor upcoming PMI releases, EU customs policy changes, and any retaliatory measures that could sway China’s export trajectory. The official Purchasing Managers Index for China rose sharply in June, surpassing forecasts and indicating an expansion in manufacturing activity powered by stronger exports. The accompanying commentary warns that the recovery is volatile, citing ongoing trade disputes with the EU and broader geopolitical risks that could destabilize the uptick. Consequently, while the data point to a tentative rebound, its durability hinges on how external trade tensions evolve.

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