Investing.com - China's factory activity shrank for a 10th straight month in December, adding to fears over the outlook for global economic growth.
The Caixin manufacturing purchasing managers' index fell to 48.2 from November’s reading of 48.6 and was below market forecasts of 49.0.
It was the lowest reading since September and was well below the 50-point level which separates expansion from contraction.
The weak data indicated that China's GDP growth is poised to slow further in 2016.