Factory figures make for grim reading as global stock markets fall
by Phillip Inman Economics correspondent from on (#ZM8M)
Manufacturing output declines in China, India and US, leading investors to turn to gold investments
Figures from China showing that factory output contracted for a 10th straight month in December pointed to a continuation of 2015's global economic slowdown and the likelihood of worse to come.
Related: Jitters over China manufacturing slowdown wipe 38bn off FTSE 100
Related: Investors nervous as China looks set to repeat mistakes of last summer
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