By Vivek Kumar China’s manufacturing PMIs for June painted a mixed picture for the world’s second-largest economy, prompting renewed calls for additional stimulus amid ongoing economic recovery challenges. According to official data released on Sunday, manufacturing activity declined for the second consecutive month, with the Purchasing Managers’ Index (PMI) from the National Bureau of Statistics (NBS) remaining unchanged at 49.5. This indicates that the sector continued to contract, reflecting ongoing challenges despite forecasts matching economist expectations. On the other hand, China’s Cai…