China manufacturing contracts for fourth straight month …C0NTINUE READING HERE >>>
A worker on a production line at a printing and packaging factory in Qingzhou, eastern China. Manufacturing contracted for a fourth straight month in August, official data shows.
Photo: STRINGER / AFP/File
Source: AFP
Chinese manufacturing contracted for a fourth consecutive month in August, official data showed Saturday, a worse-than-expected result reflecting the world’s second-largest economy’s struggle to recover.
China is facing a crisis in its vast real estate sector as well as…
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