China Manufacturing – Breaking Bad

Emailed 9th August 2015

Good morning World – brand new day.

More data confirming we are rooted – in a bloody big way.

These are historical figures – it can only get a lot worse before it gets better.

“Exports are no longer an engine for China growth — no matter what the government does, it’s just impossible to see strong export growth as in the past,” said Bank of Communications economist Liu Xuezhi. “It means additional slowdown pressure, and it requires the government to be more aggressive in the domestic market.”

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