Source: China – South China Morning PostChina’s factory activity contracted more than expected in October, shrinking for a second straight month, as high raw material prices and power disruptions pressured manufacturers in the world’s second-largest economy.The official manufacturing Purchasing Manager’s Index (PMI) was at 49.2 in October, down from 49.6 in September, data from the National Bureau of Statistics (NBS) showed on Sunday.The 50-point mark separates growth from contraction. Analysts had expected it to come in at 49.7…Read More