The Economic Times of India
Beijing: 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 lackluster confidence among households and businesses, which is hindering consumption…
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China manufacturing contracts again
Maribel Schroeder
12:31
Beijing: 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 lackluster confidence among households and businesses, which is hindering consumption…
