By Jonathan Davies

Factory activity in China shrank at its fastest pace for six years this month, according to a closely watched survey.

The Caixin/Markit manufacturing purchasing managers' index (PMI) dropped to 47.1 from 47.8 in July. Any figure below 50 indicates a contraction.

The figures are likely to cause gucci horsebit hobo bag replica
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further concern over China's ability to maintain the huge growth it has seen in recent decades. A string of weak economic data has put economic growth at 7%, the slowest since 2009.

The Caixin/Markit manufacturing PMI is the first piece of economic data on China to be released each other and is usually considered to be a strong indicator of official growth.