March 22, 2012 at 06:56 AM EDT
China HSBC Flash PMI At 4-Month Low
The HSBC Flash China Manufacturing PMI is showing further contraction. Could worries over China slowing, coupled with renewed jitters in Europe, be the catalyst for the long awaited correction in global equities? That’s how we’re positioned, but recognize it’s a crowded camp. China’s weakening domestic demand will result in further monetary easing by the country’s [...]
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