Chinese manufacturing contracts for third month running

Tuesday, November 3rd 2015 - 12:38 UTC

Full article 5 comments

Chinese manufacturing has contracted for the third month in a row, according to the government's latest factory survey. The Purchasing Managers' Index (PMI) showed a reading of 49.8 for October, unchanged from last month. A figure below 50 indicates that factory activity contracted. Read full article

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Englander
Worrying times for China and the World.
Nov 03rd, 2015 - 02:48 pm - Link - Report abuse 0
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The Voice
China cant keep expanding its economy for ever, its just slowing down in line with demand. Meanwhile the Chinese cant get enough of high quality British goods. - http://www.telegraph.co.uk/news/shopping-and-consumer-news/11929180/How-Bicester-Village-became-the-go-to-place-for-Chinese-tourists.html
Nov 03rd, 2015 - 05:16 pm - Link - Report abuse 0
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Briton
What do I know !

but would you jump into bed with a red ?
when your steel is closing ,

or would one invest in ones own ,
and leave the reds under the bed...
Nov 03rd, 2015 - 08:51 pm - Link - Report abuse 0
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lsolde
@2 The Voice,
Quite true. we were in China several months ago & anything from Europe is expensive but in big demand.
Especially among the noveau riche & there are hundreds of thousands of them.
Find something that the Chinese like, sell it to them & your fortune is assured.
My husband, unthinkingly bought a can of imported ltalian shaving cream & when he got to the checkout, he found it was priced at $24US.
He bought it anyway, the poser!
@3 Briton,
China is not really communist.
They say they are but act like a capitalist nation.
Money may not be their God but it would be very close.
Communism does not suit the Chinese entrepreneurial character.
They are more suited to business & are mostly hard workers.
They do like their Yuans!
With a very few exceptions, l found them to be nice people.
People give up their seats on trains, buses to the elderly or women with children, which l have not seen in the west for a long time.
lnternationally though, they are flexing their muscles now.
Nov 04th, 2015 - 10:00 pm - Link - Report abuse 0
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Briton
You may well have a point,
we live in a funny old world today.
Nov 05th, 2015 - 07:44 pm - Link - Report abuse 0
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