China's factories are still struggling with the energy crunch and supply woes
CNN
China's big factories just had their worst month since the Covid-19 pandemic began, underscoring the scale of the slowdown in the world's second largest economy and the supply challenges facing their customers.
A government survey of manufacturing activity released over the weekend fell for a second straight month, down to 49.2 in October from September's 49.6. Any reading below 50 indicates contraction.
Manufacturing in China has been battered by a handful of problems, including an energy crunch, shipping delays and rising inventories.
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