Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Chinese manufacturing slumps

by Tony Sagami on November 30, 2008

in Asian Market, Stock Market in China

Production at China’s manufacturing plants fell sharplyin November. The China Federation of Logistics andPurchasing reported that its purchasing managers indexplunged to 38.8 from last month’s 44.6 and the lowest level since the survey started in 2005.

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