Colosseum a.s. (Colosseum a.s.)
Macroeconomics  |  September 03, 2012 09:37:28

Decline in industrial production in China continues



ColosseumIndustrial production in China, the second largest economy in the world, the fastest decline since March 2009. Purchasing Managers' Index, which is published on a regular basis HSBC Holdings and Markit Economics fell in August from July's 49.3 points to 47.6 points. Previous preliminary estimate does not count the value of 47.8 points. Level 50 points is the boundary between economic expansion and economic slowdown. From the data it is evident that the Chinese economy continues to decline. Deteriorating market statistics support the speculation about upcoming stimulus measures. and # 160;

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