{"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&#8217;s Economy Finally Starting To Recover? Here Is What The Real Data Shows"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"423\" src=\"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-content\/uploads\/2020\/03\/Screenshot_2020-03-03-Is-Chinas-Economy-Finally-Starting-To-Recover-Here-Is-What-The-Real-Data-Shows.png\" alt=\"\" class=\"wp-image-14533\" srcset=\"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-content\/uploads\/2020\/03\/Screenshot_2020-03-03-Is-Chinas-Economy-Finally-Starting-To-Recover-Here-Is-What-The-Real-Data-Shows.png 750w, https:\/\/www.wasobamaborninkenya.com\/blog\/wp-content\/uploads\/2020\/03\/Screenshot_2020-03-03-Is-Chinas-Economy-Finally-Starting-To-Recover-Here-Is-What-The-Real-Data-Shows-300x169.png 300w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/figure>\n\n\n\n<p class=\"has-medium-font-size\"><strong>ZeroHedge<\/strong>, by <a href=\"https:\/\/www.zerohedge.com\/users\/tyler-durden\">Tyler Durden<\/a> &#8212; March 3, 2020<\/p>\n\n\n\n<p><strong>Excerpt:<\/strong><\/p>\n\n\n\n<p><em>Over the weekend, China-watchers &#8211; or at least the ones who don&#8217;t really  watch China all that closely and instead rely on others&#8217; &#8220;hot takes&#8221; &#8211;  were shocked to learn that in February both the Chinese manufacturing  and non-manufacturing PMIs had <a href=\"https:\/\/www.zerohedge.com\/economics\/china-reports-catastrophic-data-manufacturing-non-mfg-pmis-crash-record-lows\">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<p>&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;<\/p>\n\n\n\n<p><em>And yet, judging by the market&#8217;s torrid surge on Monday, it appears that  &#8211; as so often happens &#8211; traders took China&#8217;s latest numbers in stride,  and specifically as an indication of Beijing &#8220;kitchen sinking&#8221; the  collapse in February, with a V-shaped recovery sure to follow. <\/em><\/p>\n\n\n\n<p><em>Or maybe not, because while not only has China&#8217;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<p>&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;<\/p>\n\n\n\n<p><strong>View the complete article including images, links and comments at:<\/strong><\/p>\n\n\n\n<p> <a href=\"https:\/\/www.zerohedge.com\/economics\/chinas-economy-finally-starting-recover-here-what-real-data-shows\">https:\/\/www.zerohedge.com\/economics\/chinas-economy-finally-starting-recover-here-what-real-data-shows<\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>   <\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZeroHedge, by Tyler Durden &#8212; March 3, 2020 Excerpt: Over the weekend, China-watchers &#8211; or at least the ones who don&#8217;t really watch China all that closely and instead rely on others&#8217; &#8220;hot takes&#8221; &#8211; were shocked to learn that &hellip; <a href=\"https:\/\/www.wasobamaborninkenya.com\/blog\/is-chinas-economy-finally-starting-to-recover-here-is-what-the-real-data-shows\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/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":[],"_links":{"self":[{"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/posts\/14532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/comments?post=14532"}],"version-history":[{"count":1,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/posts\/14532\/revisions"}],"predecessor-version":[{"id":14534,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/posts\/14532\/revisions\/14534"}],"wp:attachment":[{"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/media?parent=14532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/categories?post=14532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/tags?post=14532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}