Author Topic: China September factory growth grinds to a halt as export orders tumble: Caixin PMI  (Read 571 times)

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Offline To-Whose-Benefit?

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Reuters
September 29, 2018 / 9:59 PM / Updated 2 hours ago

[excerpt]

https://www.reuters.com/article/us-china-economy-pmi-factory-caixin/china-september-factory-growth-grinds-to-a-halt-as-export-orders-tumble-caixin-pmi-idUSKCN1MA01K

BEIJING (Reuters) - Growth in China’s manufacturing sector stalled in September after 15 months of expansion, with export orders falling the fastest in over two years, a private survey showed on Sunday, suggesting U.S. tariffs are starting to take a toll on the economy.

The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) for September fell more than expected to 50.0 from 50.6 in August. Economists polled by Reuters had forecast a reading of 50.5 on average.

The neutral 50-mark divides expansion from contraction on a monthly basis. It was the first time China’s factories had not seen business improve since May 2017, when activity contracted.


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Offline Suppressed

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It's not a zero-sum game. This doesn't necessarily mean a gain for us.
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Offline To-Whose-Benefit?

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It's not a zero-sum game. This doesn't necessarily mean a gain for us.


?????

How is a weaker China NOT a gain?

It doesn't have to mean that we gain a job for every one they lose.

China doesn't Have a market to Replace us.

Where are they going to sell what we've been having shoved down our throats for decades, on store shelves and in online purchases?

The EU already told them to go to hell.

And Chinese Govt proclamations have been that they will not weaken the yuan to get back on their feet.

Without us bankrolling them the hell they create in their part of the globe is going to have to be curtailed.

No, it is not Zero-Sum. Nor is it Milton Freidman: Theories divorced from Bayonets.
My 'Viking Hunter' High Adventure Alternate History Series is FREE, ALL 3 volumes, at most ebook retailers including Ibooks, Barnes and Noble, Kobo, and more.

In Vol 2 the weapons come out in a winner take all war on two fronts.

Vol 3 opens with the rigged murder trial of the villain in a Viking Court under Viking law to set the stage for the hero's own murder trial.

http://wulfanson.blogspot.com