BEIJING - Factory activity surveys in China pointed to slight improvement in September as domestic demand picked up, but analysts believe the gains will be short-lived as the property market cools and Sino-U.S. trade tensions remain elevated.
But economists cautioned the rebound is likely be unsustainable, and forecast further economic weakness ahead. Total new orders, including those from home and abroad, did swing back to growth in September for the first time in five months, the official PMI showed, but the expansion was marginal. “With a slew of growth-boosting policy measures kicking in, optimism among manufacturing firms... reached 54.4, the highest in the third quarter,” said Zhao.
The Peoples’ Bank of China has lowered banks’ reserve requirements seven times since early 2018 to free up more funds for lending. China also trimmed its new benchmark lending rate in September for the second month in a row.
Source: Entertainment Trends (entertainmenttrends.net)
Wow Reuters. So far today I've seen 3 different Reuters reports on China September factory outlooks. 1. It's growing faster than ever, 2. Its the slowest its been in 5 months, 3. And now this one. And 2 of these reports have been from Reuters top news.
This is one of the saddest pictures I’ve ever seen. Is she testing a robot vacuum on a production line?
Lol assholes
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China September factory activity shrinks for fifth month: official PMIChina's factory activity shrank for the fifth straight month in September, ... Probably something related with their outfit. 🤔🤔🤔 Look awful Good means they can’t afford to delay negotiating a tariff agreement to see if Trump wins in 2020. the americans have already stock-pile a lot before any tariffs were implemented. the chinese manufacturers practically sold most of their products months before sept. no big deal.
Source: Reuters - 🏆 2. / 97 Read more »
China September factory activity surprises, expands fastest in 19 months: Caixin PMIChina's factory activity unexpectedly expanded at the fastest pace in 19 mo... cc realDonaldTrump FYI. uh huh
Source: Reuters - 🏆 2. / 97 Read more »
China September services sector growth slows slightly: official PMIGrowth in China's services sector activity slowed slightly in September, of...
Source: Reuters - 🏆 2. / 97 Read more »
US pulling investment from China would be an 'unmitigated disaster,' says Yale's Stephen RoachU.S.-China trade talks hit a snag Friday as the White House weighed limiting U.S. investments in China, which would be an 'unmitigated disaster' if it came to pass, says Yale's Stephen Roach. And that’s the whole idea Us and china are gonna make a trade deal soon. Buhurrhurrrhurrr And tariffs wound work either... this for the 🐑
Source: CNBC - 🏆 12. / 72 Read more »
Malaysia PM says can't provoke Beijing on South China Sea, Uighur issueMalaysia does not want to take a confrontational stance toward China over the di... Not wanting to mention but mentioning ;) Be a coward then. 😞 Muslims are like 'Jihad for every Muslim facing injustice except non-profitable Uighur'. Shame on their hypocrisy.
Source: Reuters - 🏆 2. / 97 Read more »
Xi's historic power grab has cost China a great deal of stabilityGiven China's increasingly centralized and personalized leadership, Xi may be at the same time the world's most influential leader and one of its most vulnerable, writes Frederick Kempe of the Atlantic Council. A communist country's dictator. Once manufacturing slows because of peoples perception towards them Taiwan will be in their sights and Hong Kong will be fully under communist control.
Source: CNBC - 🏆 12. / 72 Read more »