China Factory Activity Unexpectedly Slides Into Contraction

China’s factory activity unexpectedly worsened after snapping its worst contraction streak on record in December, as the world’s second-largest economy struggles to pick up momentum.

By Lucille Liu, Echo Wong · Bloomberg Markets

China’s factory activity unexpectedly worsened after snapping its worst contraction streak on record in December, as the world’s second-largest economy struggles to pick up momentum.