Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

China’s Economy Catches Up with the World’s

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 07:56 AM
Original message
China’s Economy Catches Up with the World’s

from 24/7WallStreet:



China’s Economy Catches Up with the World’s
Posted: September 22, 2011 at 6:29 am


China’s economy could defy gravity for only so long. Based on the nation’s new PMI numbers, the global economic slowdown has undermined manufacturing there. This is likely to be the start of a slide that will take China’s expansion off it its 9% trajectory.

Numbers from HSBC’s China Manufacturing Purchasing Managers’ Index show that the preliminary version of the PMI’s output index fell to 49.2 in September. That is down from 50.2 in August, as well as below the 50 level that divides expansion from contraction.

China’s manufacturing numbers have remained relatively strong throughout the year. In the meantime, GDP growth in the U.S., UK and EU has been close to zero since mid-year. And the earthquake in March has hampered Japan’s economy. ..........(more)

The complete piece is at: http://247wallst.com/2011/09/22/china%e2%80%99s-economy-catches-up-with-the-world%e2%80%99s/#ixzz1YgYPImpL




Printer Friendly | Permalink |  | Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC