China's factory activity in February plunged to a record low since comparable data became available in January 2005, government data showed Saturday, underscoring the impact of the new coronavirus on the world's second-largest economy.The official manufacturing purchasing managers' index fell to 35.7 this month, sharply down by 14.3 points from the previous month, according to the National Bureau of Statistics.A reading below 50 indicates a contraction in manufacturing activity. The latest figure was below the 38.8 marked in November 2008 during the global financial crisis.But Chinese Presi…READ FULL ARTICLE
