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China's flash HSBC PMI  for April slides to 50.5, missing expectations by a full point and...

China's flash HSBC PMI  for April slides to 50.5, missing expectations by a full point and against March's read of 51.6. "New export  orders contracted after a temporary rebound in March, suggesting external demand for China's exporters remain weak," says HSBC. "Weaker overall demand has also started to weigh on employment in the manufacturing sector." Shanghai (FXI, CAF) is off 1.5 in early trade. Hong Kong (EWH) -0.9%.
Comments (6)
  • Uh-oh...
    22 Apr 2013, 11:12 PM Reply Like
  • It's just because of Chinese New Year. Wait we used that one already.
    It's because Easter was early. Mmmm...used that too.
    Hurricane Sandy?
    Oh, I got it, unseasonable cold/snowy weather during winter. Bingo! Imagine that.
    23 Apr 2013, 12:54 AM Reply Like
  • within the realm of statistical error.
    stall speed?
    23 Apr 2013, 06:48 AM Reply Like
  • China now needs increasing doses of bad debt and bad money to force its economy to grow. As with any addict more narcotics of greater potency(and lethality) are required to secure the same "stimulus".

     

    The Chinese Regime knows that its current economic model is at the end of its lifecycle because its labor force has peaked and is beginning a multi decade decline even as its population of old, feeble and largely unskilled people grows .
    The Chinese Regime also knows that it needs a model but would mean ceding its political monopoly, which it refuses to consider.
    As with elites everywhere, perpetuating the power and wealth of the Bosses is the highest priority.
    23 Apr 2013, 08:36 AM Reply Like
  • China only needs to encourage domestic spending to make a full economic rebound. The fact that the average Chinese worker saves 50% of his or her paycheck is problem #1. Domestic consumer spending/consumption is what runs the developed markets. 70% of US GDP is consumer spending, if China has half of that their GDP and growth would explode.
    The main obstacle is the lack of social welfare safety nets such as social security in China. If you are old and broke no one will save you in The Peoples Republic of China.
    24 Apr 2013, 01:37 PM Reply Like
  • What a load.
    24 Apr 2013, 06:09 PM Reply Like
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