that-the-chinese

The chart that's adding to the misery of the Chinese stock market today

Chinese stocks have had an awful year. It makes sense. The country is basically taking important steps to reconfigure its economy away from the production-driven boom that has driven economic growth for decades, and manufacturing is slowing. Today’s HSBC Markit China manufacturing PMI showed the country’s manufacturing sector was still contracting in April. (The measure has been below the 50, […]