China August factory activity shrinks to six and a half year low as orders tumble
China August factory activity shrinks to six and a half year low as orders tumble
BEIJING (Reuters) - Activity in China's factory sector shrank at its fastest pace in almost 6-1/2 years in August as domestic and export demand dwindled, a private survey showed, adding to worries that the world's second-largest eco**my may be slowing sharply.