The jitters over an economic slowdown in China may be a bit premature.
Recent data suggests that the nation's factory and service sectors powered back in May with their best showings in months.
HSBC survey shows that China's manufacturing PMI rose to a four-month high of 49-point-4 in May, showing signs that the economy is stabilizing, after a slow start to the year.
The non-manufacturing PMI... by the National Bureau of Statistics show... further expanded in May, rising to 55-point-5.
Concerned about the sluggish growth, the Chinese government has been accelerating infrastructure investment and state spending... and have lowered the reserve requirements for some banks twice.


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