China factory activity contracts for first time in three mon

Factory activity in China shrank for the first time in three months in May, data showed on May 31, a setback for Beijing as the sector is seen as a key driver of a fragile economic recovery owing to sluggish consumer spending.

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China , Beijing , Zhiwei Zhang , Zhao Qinghe , National Bureau Of Statistics , International Monetary Fund , National Bureau , Pinpoint Asset Management ,