China PMI collapsing
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China PMI collapsing
Seems like the Chinese growth story is yet more smoke and mirrors, well lots of smoke anyway pardon the pun. They've basically done a USA, in that they've printed trillions of dollars and instead of investing wisely; they put it into the floundering real estate and stock markets. The China is going to bail out the world crowd better wake up. The PBOC can't ease any more due to rising pork prices, things are different to 2011 now. When the Chinese can't afford to eat look out. When these corrupt HK property developers realise that more and more free money is no longer appearing from the mainland, the HK property market can kiss it's ass goodbye.
China Manufacturing PMI At Lowest Since March 2009; Market Response 'Bad Is Good' So Far | ZeroHedge
China Manufacturing PMI At Lowest Since March 2009; Market Response 'Bad Is Good' So Far | ZeroHedge
Last edited by Threethirty; 3rd September 2012 at 04:33.
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From: York International
Hong Kong in technical recession?
Joined: Mar 2004
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From: hong kong
Brutal New York - 1965/95 - SkyscraperCity
oh sorry I forgot, that's most chinese cities as they stand now...
I'll get my coat...
oh sorry I forgot, that's most chinese cities as they stand now...
I'll get my coat...
Last edited by jacobus; 4th September 2012 at 10:04.
Joined: Jun 2008
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From: U.K.
But what is it?
Frank Quote "The question is: Who is 'They' ?
And why don't I get a mail which explains the reason for the thread to be deleted ? Muppets..."
It begs the question, mediation or censorship?
And why don't I get a mail which explains the reason for the thread to be deleted ? Muppets..."
It begs the question, mediation or censorship?
Joined: Oct 2009
Posts: 601
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From: Hong Kong
It begs the question, mediation or censorship?
STP
