[ad_1] 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…
Tag: china economic recovery
Evergrande crisis tests Beijing’s fallout management as creditor jitters mount
[ad_1] As developer China Evergrande Group lurched from one crisis to another over the past two years, Beijing avoided directly intervening to rescue what was not too long ago considered…