Here's your summary from China's Factory Activity Shrinks Again | Bloomberg: The China Show 7/1/2024 (https://www.youtube.com/watch?v=gDVt7_DOdjI) on the Bloomberg Television channel:

### TLDR:

China's factory activity shrinks for the second consecutive month, signaling a slowdown in the economy.

### Key Points:

1. China's private manufacturing survey showed factory activity shrinking for the second straight month.

2. Hong Kong's future as a financial hub is being assessed 27 years after its return to Chinese rule.

3. Rare Earth regulation passed in China to govern mining and smelting of critical minerals.

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