It is the first time China’s factory activity has contracted since February 2020, when the economy was battered by shutdowns caused by Covid (AFP/STR)

China factory activity shrinks for first time since February 2020

(AFP) – Chinese factory activity contracted in September for the first time since the height of its initial coronavirus outbreak in February 2020, official data showed Thursday, as it faces…

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Workers make Chinese flags at a factory in Jiaxing, Zhejiang province, China September 25, 2019. REUTERS/Stringer/File Photo

China applies to join Pacific trade pact to boost economic clout

BEIJING, Sept 16 (Reuters) – China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the commerce ministry said, as the world’s second-biggest economy…

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