China factory activity falls sharply
 

China factory activity falls sharply
http://img-s-msn-com.akamaized.net/t...6&q=60&o=f&l=fFactory activity in the world's second largest eco**my, China, shrank at its fastest pace in more than six years in August.The private Caixin/Markit manufacturing purchasing managers' index (PMI) dropped to 47.1 from 47.8 in July.A figure below 50 shows contraction in the sector and one above means growth.As domestic and export demand dwindle, Friday's data will likely add to global worries that the Chinese eco**my is set for a continued slowdown.