China’s factory activity shrinks for 2nd month in sign of economic woes ahead

October 31, 2021 2:01 PM

BEIJING (REUTERS) – China’s factory activity contracted more than expected in October to shrink for a second month, hurt by persistently high raw material prices and softer domestic demand, pointing to more economic disquiet in the final quarter of 2021.

Source : http://www.straitstimes.com/business/economy/chinas-factory-activity-shrinks-for-2nd-month-in-sign-of-economic-woes-ahead