Chinese factory activity contracts in October as pandemic recovery falters
By ZEN SOO AP Business Writer HONG KONG (AP) — An official survey of manufacturers shows China’s factory activity contracted in October, suggesting the economy remains on uneven footing. The purchasing managers’ index, or PMI, fell to 49.5 in October on a 100-point scale, down from 50.2 last month. A figure below 50 indicates a
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