China’s manufacturing activity expanded faster than expected in May, according to a private survey released Monday, although growth slowed from April.

Reuters poll forecasts China's May manufacturing PMI at 50, down from April's 50.3, as weak domestic demand and rising costs pressure Beijing to act.

BEIJING: China's factory activity was flat in May after two months of expansion, official data showed Sunday (May 31), as weaker demand and rising energy costs due to the Middle…