Source: China – South China Morning PostChina’s factory activity expanded at its fastest pace in four months in October, buoyed by stronger demand, but power shortages and rising costs weighed on production, a business survey showed on Monday.The Caixin/Markit manufacturing purchasing managers’ index (PMI) rose to 50.6 in October – its highest level since June.Economists in a Reuters poll had expected the index to remain unchanged from September at 50.0. The 50-mark separates growth from contraction on a monthly basis.China’s economy…Read More