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Last updateWed, 21 Aug 2019 3pm

Manufacturing & The Economy

China Factory Activity Shrank for First Time in Over Two Years

In December, factory activity in China contracted for the first time since 2016, “highlighting the challenges facing Beijing as it seeks to end a bruising trade war with Washington and reduce the risk of a sharper economic slowdown in 2019,” Reuters reports.

“The increasing strain on factories signals a continued loss of momentum in China, adding to worries about softening global growth, especially if the Sino-U.S. dispute drags on.” 

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