Seeking Alpha

"A hurricane is approaching," says a Chinese official, where 8 of 10 of the country's largest...

"A hurricane is approaching," says a Chinese official, where 8 of 10 of the country's largest shipbuilders have yet to receive an order this year. Monetarists will take note of China's M1 data, in April the weakest since modern records began. "If China were a normal country, it would be hurtling into a brick wall," writes Ambrose Evans-Pritchard.
From other sites
Comments (3)
  • Jason Tillberg
    , contributor
    Comments (1293) | Send Message
    I wrote about their auto production plateauing and we knew that Q1 auto sales were down 3.5% in China year over year. But appreciate China captured 23% of global auto production in 2011 Vs having only 3.5% in 2001.


    Western world needs to be put through bankruptcy reorganization now.
    14 May 2012, 08:21 AM Reply Like
  • Paulo Santos
    , contributor
    Comments (27641) | Send Message
    Autos are recovering, but housing is deepening the slump, and this shipbuilding bust was also highly predictable:


    Expecting A Bust In The Shipbuilding Industry
    14 May 2012, 08:26 AM Reply Like
  • Humble Value Miner
    , contributor
    Comments (455) | Send Message
    this is positive for shipping companies. There were too much ships ordered in the past and so a lot of stocks sinked. Things are now normalizing with less ships built this year and the usual number of ships retiring
    14 May 2012, 05:22 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs