SHANGHAI -- The decline in China's factory activity modestly narrowed in January, indicating higher demand ahead of the Lunar New Year celebrations starting Feb. 10.
PMI remains in contraction at 49.2; Hong Kong GDP accelerates thanks to mainland tourists
Employees work on a production line at a Shaanxi Automobile Group factory in China's Shaanxi province. © Reuters
SHANGHAI -- The decline in China's factory activity modestly narrowed in January, indicating higher demand ahead of the Lunar New Year celebrations starting Feb. 10.