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in activity. the world s second largest economy grew faster than expected in the first quarter thanks to robust consumer spending after lockdowns were lifted. but factory output has lagged due to weak global growth and this latest data raises questions about the sustainability of china s recovery. a market strategist told me these numbers show how uneven china s economic recovery has been. fix, economic recovery has been. pretty dire set of numbers, although still an expansion. it has come below expectations, but of course the bigger shock on the manufacturing side, and to see how uneven the recovery is in china. two things worth noting. first, we are coming from a strong first quarter where we had this initial euphoria after the reopening of the economy, as well as some benefit from the chinese new year period. so of course, manufacturers are a little bit downbeat after that initial euphoria has come down. secondly, my bigger concern is about geopolitics and the impact maki

Economy slowdownAsia business reportOfficial pmi index49 2Consumer spendingFactory outputThe worldMarket strategistEconomic recoveryChina manufacturing sectorStimulus measuresPolitburo statementFirst republic bankSilicon valley bank100 billion00 billion