China’s factory activity shrinks, adding to concerns over economic recovery: Report

New Delhi, Aug 1 (IANS) China’s factory activity unexpectedly slipped into contraction in July for the first time since February as weak domestic demand and weather-related disruptions weighed on production, increasing pressure on policymakers to roll out additional measures to support the economy, according to a report. According to CNBC’s analysis, the official manufacturing Purchasing […]