03 October 2011

China Is Quietly Unraveling as the World Frets Over Europe

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjap5tmXkWFSHuHS5qfVdU6E7vLTG3bRIJhT0dI8n4o4ANk2Db_MMYM1J7T4TNBIGgmvTqA89d8LtYyVxDJ3Zd4qZYso80xabS5QKX8lJJxrSxgJDrvQwHK1XgwX78Zn9cv9wylhHO9JWM/s1600/2e860f12-cad5-11dd-87d7-000077b07658.jpg


The headline leads to a very disappointing video with an expert talking about China maybe slowing to 8% growth. But the story itself is much closer to the reality we've been documenting here.
"On the equity side, September has been brutal for China. As the world worried about Europe, the benchmark Shenzhen Index quietly shed 12% and is now wallowing at a 14-month low. Compare that to a 3% haircut for the STOXX50 in Europe this month and the trouble-ahead story starts to gain traction."

Click here to read more and see video at finance.yahoo.com



Also...Economic Slump Hits China in Earnest

And finally...China hard-landing fears hit high-end retailers

Again, the timing of all this is just flabbergasting to me. -- MCR

China Is Quietly Unraveling as the World Frets Over Europe | COLLAPSENET

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