Red Ponzi Faltering---June Factory Index Slips Further Into Contraction

China’s factory activity shrank more than expected in June, an official manufacturing survey showed, highlighting the need for more economic stimulus as U.S. tariffs and weaker domestic demand ramped up pressure on new orders for goods.

 

 

 

 

 

 

https://www.reuters.com/article/us-china-economy-pmi-manufacturing-offic/chinas-june-factory-activity-shrinks-faster-than-expected-official-pmi-idUSKCN1TV00L

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