Multiple outlets report that China’s purchasing managers’ index (PMI) readings for June point to modest expansion in business activity. Seeking Alpha reports that China’s June factory activity PMI rises to 50.3, noting the figure expands faster than expected. Investing.com also reports a June factory PMI of 50.3, aligning with Seeking Alpha’s assessment. In addition, Investing.com reports that China’s June non-manufacturing PMI rises to 50.2. Across the sources, the key commonality is that both the manufacturing and non-manufacturing PMIs are slightly above the 50 threshold that typically separates contraction from expansion. The reporting also indicates that the factory figure at 50.3 meets or exceeds market expectations, with at least one outlet characterizing the increase as quicker than anticipated. Taken together, the releases suggest that activity in both goods-producing and service-related sectors moves into growth in June, though only marginally above the neutral level.