{"id":14532,"date":"2020-03-03T17:34:11","date_gmt":"2020-03-03T21:34:11","guid":{"rendered":"http:\/\/www.wasobamaborninkenya.com\/blog\/?p=14532"},"modified":"2020-03-03T17:34:14","modified_gmt":"2020-03-03T21:34:14","slug":"is-chinas-economy-finally-starting-to-recover-here-is-what-the-real-data-shows","status":"publish","type":"post","link":"https:\/\/www.wasobamaborninkenya.com\/blog\/is-chinas-economy-finally-starting-to-recover-here-is-what-the-real-data-shows\/","title":{"rendered":"Is China’s Economy Finally Starting To Recover? Here Is What The Real Data Shows"},"content":{"rendered":"\n
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ZeroHedge<\/strong>, by Tyler Durden<\/a> — March 3, 2020<\/p>\n\n\n\n

Excerpt:<\/strong><\/p>\n\n\n\n

Over the weekend, China-watchers – or at least the ones who don’t really watch China all that closely and instead rely on others’ “hot takes” – were shocked to learn that in February both the Chinese manufacturing and non-manufacturing PMIs had crashed far below consensus expectations<\/a>, tumbling to record low levels, surpassing even the economic contraction observed at the peak of the global financial crisis. <\/em><\/p>\n\n\n\n

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And yet, judging by the market’s torrid surge on Monday, it appears that – as so often happens – traders took China’s latest numbers in stride, and specifically as an indication of Beijing “kitchen sinking” the collapse in February, with a V-shaped recovery sure to follow. <\/em><\/p>\n\n\n\n

Or maybe not, because while not only has China’s economy not picked up even modestly, but it is only a matter of time before Beijing, which has forced people to go to work against their will, succumbs to a second wave of coronavirus infections, one which will result in an even worse economic slump than the current one, which incidentally has yet to show any actual recovery! <\/em><\/p>\n\n\n\n

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View the complete article including images, links and comments at:<\/strong><\/p>\n\n\n\n

https:\/\/www.zerohedge.com\/economics\/chinas-economy-finally-starting-recover-here-what-real-data-shows<\/a><\/p>\n\n\n\n

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ZeroHedge, by Tyler Durden — March 3, 2020 Excerpt: Over the weekend, China-watchers – or at least the ones who don’t really watch China all that closely and instead rely on others’ “hot takes” – were shocked to learn that … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-14532","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t