China's economy roared back in May while the rest of the world is slowly recovering, according to a widely-watched set of business surveys

China's economy roared back in May while the rest of the world is slowly recovering, according to a widely-watched set of business surveys

Business Insider

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· *China's business activity rebounded sharply to a ten-year-high in May, while other countries are climbing their way back up, according to IHS Markit data released on Wednesday.*
· *IHS Markit's Purchasing Managers Index (PMI) showed China's Services PMI rose to 55.0 in May, from 44.4 in April. *
· *The PMI is a gauge used...

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