New report shows China’s manufacturing index has plummeted to a RECORD low. Even worse than the 2008 financial crisis. There could be more shocking PMIs coming from the rest of the world.
China’s official Purchasing Managers’ Index (PMI) fell to a record low of 35.7 in February from 50.0 in January, the National Bureau of Statistics said on Saturday, well below the 50-point mark that separates monthly growth from contraction. A sign of things to come globally? A sign of things to come globally? China manufacturing (35.7) … Read more