China Official PMI For June At 50.9
(For June 2010)
Official (China Federation of Logistics & Purchasing and National Bureau of Statistics) China PMI fell form 52.0 to 50.9. Consensus was at 51.5.
Global Macro Perspectives
Official (China Federation of Logistics & Purchasing and National Bureau of Statistics) China PMI fell form 52.0 to 50.9. Consensus was at 51.5.
July 4th, 2011 at 2:24 am
These numbers are not good for China. However, they are not good for other developing economies (read http://manuelno.wordpress.com/2011/07/01/may-china-stop-growing-for-a-while-%E2%80%A6-it-may-happen/) as China is right now using about 50% of some key the raw materials produced worldwide, specially those produced by LATAM developing countries