No bottom for China’s manufacturing economy and signs that weakness is spreading to services
The Chinese economy continued to weaken in February according to Purchasing Managers Indexes for manufacturing and services. That will provide an “interesting” context for the meeting of the National People’s Congress that meets on Saturday
There’s a kind of growth slowdown all over the world tonight*
Today it’s the march of the negative PMIs from around the world. Purchasing Managers Indexes from China to Europe have all come in weaker than expected in April
Bad economic news from Japan, EuroZone, and China today; U.S. remains only game in town
Yesterday’s release of the minutes from its October 29 meeting showed a Fed that was resolutely not talking about worries over slowing growth in overseas economies or volatility in overseas financial markets. Which is a good thing considering the bad news this morning on the economies of China, Japan, and the EuroZone
Temporary growth disappointment in U.S., longer term growth danger in China in today’s data
Disappointing numbers from the industrial sector in both China and the United States today. But there’s a big difference between the two data sets.
China’s markets inch toward the upside down world of bad news is good news
It looks like China is headed in a “bad news is good news” direction. I think it’s a little early to proclaim that this logic is in the ascendant but I do think traders are starting to think that more bad news about China’s economy is a good thing because it pushes up the start of stimulus from the Chinese government and the People’s Bank.
China plays that old growth game again
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IBM has a growth problem that goes beyond this quarter’s slowdown in China
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Is 7.5% growth in China the new normal?
Numbers out today from the National Bureau of Statistics shows that investment in fixed assets in the first four months of the year grew by 20.6% year over year. That was a slight dip from the 20.9% growth rate in the first quarter. Markets greeted the news as a disappointment. Growth was weaker than expected, analysts said, and yet, more disappointment, not weak enough to trigger stimulus from the People’s Bank or the Chinese government.
China beyond 2012: Can it escape the slowdown called the middle income trap?
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