China factory activity shrinks less sharply ahead of Lunar New Year

China factory activity shrinks less sharply ahead of Lunar New Year

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SHANGHAI -- The decline in China's factory activity modestly narrowed in January, indicating higher demand ahead of the Lunar New Year celebrations starting Feb. 10. Meanwhile, Hong Kong's economy accelerated to grow 4.3% on the year during the fourth quarter of 2023, thanks to continued strength…

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