BEIJING | China factory activity shrinks for the first time in 2 years

BEIJING | China factory activity shrinks for the first time in 2 years

BEIJING — China’s factory activity shrank in December for the first time in more than two years, an official survey showed Monday, intensifying pressure on Beijing to reverse an economic slowdown as it enters trade talks with the Trump administration.

The purchasing managers’ index of the National Bureau of Statistics and an industry group, the China Federation of Logistics & Purchasing, fell to 49.4 from November’s 50.0 on a 100-point scale.

Any reading below 50 shows that activity is contracting.

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