Wednesday, March 2, 2011

China's Leading Indicators Point to a Slowdown

Looks like we are headed for stagflation in China.

The HSBC/Markit PMI for February 2011 slipped to a seven-month low of 51.7, while the official China Federation of Logistics and Purchasing PMI eased to 52.2 from 52.9 in January, pointing to a slowdown.
at 11:21:00 AM

1 comment:

  1. AnonymousMarch 2, 2011 at 9:51 PM

    "stagflation in China"

    Is that another way of saying, civil unrest in China?

    ReplyDelete

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