China's factory activity falls faster than expected as the economy keeps cooling

Wednesday, December 3rd 2014 - 08:32 UTC

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China's factory activity slowed by more than expected in November, highlighting how a cooling economy is impacting its vast manufacturing sector. The official purchasing managers' index (PMI) dipped to 50.3 in November from October's 50.8, closer to the 50 point mark that separates growth from contraction. It was below the 50.6 level expected by economists. Read full article

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Britworker
Well everyone knew this was coming, government ministers and business leaders will start to go missing soon with their embezzled millions.
Dec 03rd, 2014 - 09:21 am - Link - Report abuse 0
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Captain Poppy
I can only imagine how Venezuela's visit for more money is going to go?. Seems SA's Yellow brick road paved from Russia, China and Brazil is fast turning brown.
Dec 03rd, 2014 - 10:23 am - Link - Report abuse 0
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Briton
cooler , colder , freezing , frozen..
Dec 03rd, 2014 - 11:33 am - Link - Report abuse 0
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brucey-babe
About time too, the world is sick of their crap !
Dec 03rd, 2014 - 10:11 pm - Link - Report abuse 0
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Skip
So much for the China century. 15 years in and already the gloss is starting to tarnish. Just wait for the demographic crash. It'll be gruesome.

Also seems like Australia might be heading for a recession. Probably about time after nearly 25 years. We need to reprioritise, rejuvenate and reorientate away from relying on China. Thankfully as a student who has divested himself of property, I won't be hurt by this recession.
Dec 04th, 2014 - 04:22 am - Link - Report abuse 0
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