China's non-manufacturing PMI beat expectations at 50.2 in June, signaling economic resilience with implications for global risk assets and crypto

China says its factory activity picked up pace in June

HONG KONG (AP) — China’s factory activity picked up pace in June, an official survey showed Tuesday, as demand for artificial intelligence hardware made exports robust.

This "two-speed" activity sees booming tech sectors contrasting with traditional exporters struggling due to weakening global demand. The private gauge, often reflecting smaller,…