Tag: china

China New Export New Orders Decline At Fastest Pace in 42 Months; China’s Precarious Rebalancing Act
September 30, 2012 0

China New Export New Orders Decline At Fastest Pace in 42 Months; China’s Precarious Rebalancing Act

By News Desk

New export orders fall at fastest rate in 42 months Output and input prices continue to fall Purchasing activity declines amid weak demand and lower production requirements Data in September signalled a stronger decline in Chinese manufacturing output, as the volume of new orders fell for the eleventh consecutive month. New export orders declined at the sharpest rate in 42 months amid reports of weak international demand, while lower workloads were linked to a fall in backlogs of work. After adjusting for seasonal factors, the HSBC Purchasing Managers’ Index™ (PMI™) – a composite indicator designed to give a single-figure snapshot of operating conditions in the manufacturing economy – posted 47.9 in September, up slightly from 47.6 in August, and signalling an eleventh successive month-on-month deterioration in Chinese manufacturing sector operating conditions.

September 26, 2012 0

NATO Terrorists Bomb School in Syria

By News Desk

Reuters reported in their article, " Syrian rebels bomb security building in Damascus :"  Protection for "liberated" areas would require no-fly zones enforced by foreign aircraft, which could stop deadly air raids by Assad’s forces on populated areas. But there is little chance of securing a Security Council mandate for such action given the continuing opposition of veto-wielding members Russia and China.

France Set to Implode; Troika Soap Opera; Grappling with Neo-Nazis
September 24, 2012 0

France Set to Implode; Troika Soap Opera; Grappling with Neo-Nazis

By News Desk

While the bickering between France, Germany, and the Troika continues, Greece grapples with shadow of Golden Dawn Golden Dawn, which won 7 per cent of the vote in June’s election and entered parliament for the first time, is on a roll, pulling established parties to the right – including Corinth’s socialists. Polls suggest the party has gained ground since the election as anxiety deepens over a possible Greek expulsion from the euro. A poll this week showed a near doubling in the number of people expressing “positive opinions†about Golden Dawn, up from 12 per cent in May to 22 per cent now.