China factory activity contracts for first time in three months

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.

Related Keywords

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