john 13:55 // Chinese "recession improbable"
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With Made-in-China flood of junk seeing indigestion in Europe and US markets and domestic Chinese appetite growth for their own junk in question (ChinCom's "plans" now include not only China Pins Hopes on Public Housing - wsj but also Home Economics: Free Apartment in Chongqing - wsj), in what stinks of a scam the dirigists "Ministry opens more industries to investment from overseas", see Guidelines welcome foreign money - chinadaily.
Nevermind the glowing China numbers concerning foreign direct investment: they are fast sliding into an economic cesspool.
China recession is an open bet.
GVI Forex john 13:55:06 GMT - 01/01/2012
Odd time to release PMI data. 50.3 just above contraction line. Slowdown underway, but a recession improbable...
GVI Forex john 13:50:44 GMT - 01/01/2012
-- Earlier Data --
China PMIs December 2011
NBS: 50.3 vs. 49.1 exp. vs. 49.0 prev.
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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