Source: China – South China Morning PostChina’s economy appears to have taken a turn for the worse as manufacturing activity among large firms slipped into contraction in September, sounding the alarm on a deepening slowdown amid a national electricity crunch, raw material inflation, regulatory crackdowns and fresh Delta variant outbreaks.The official manufacturing purchasing managers’ index (PMI) – a survey of sentiment among factory owners – fell to 49.6 in September from 50.1 in August, according to the National Bureau of…Read More