Mainland China factory activity shrinks as new orders decline

Activity in the mainland’s factory sector shrank for the first time in seven months this month, a private survey showed on Wednesday, highlighting the urgency behind a series of surprise easing moves by Beijing in the past two months.

via South China Morning Post - Business feed http://www.scmp.com/business/economy/article/1671617/mainland-china-factory-activity-shrinks-new-orders-decline