Monday, July 02, 2012

CHINESE FACTORY OUTPUT DECLINES

HONG KONG (MarketWatch) — "Chinese manufacturing activity deteriorated at a faster clip in June than a month earlier, as new-order bookings and employment declined further, according to the final result of a survey by HSBC released Monday.
The final reading of HSBC’s China manufacturing Purchasing Managers’ Index for June dropped to 48.2 from 48.4 in May, indicating that business conditions worsened at Chinese factories"

SO, let me get this straight, the US is going to be that one shining star?

D

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