China’s Economy in Peril as Factory Activity Shrinks Again, Sending Shockwaves Through Markets
Beijing, China – China’s manufacturing sector continues to face challenges as factory activity contracts for the second consecutive month, raising concerns about the country’s economic recovery. The latest data reflects a slowdown in production, indicating potential hurdles for China’s economy. The shrinking factory activity in China comes amidst a backdrop of uncertainty fueled by global economic shifts and trade tensions. The ongoing contraction in manufacturing output may impact job growth and consumer spending, key drivers …