Chinese Exports

This tag is associated with 3 posts

China Grinds Slower As Industrial Production At Lowest Level Since Nov 2008

Posted by EM_Equity ⋅ March 15, 2016 ⋅ Leave a comment

By Jeffrey P. Snider, Alhambra Investment Partners Industrial production for the combined January/February period in China fell to just 5.4%, matching the lowest growth rate of the past fourteen years. Only the January/February 2002 IP rate was lower, but that was a single data point giving way to the rising financialization of the late eurodollar period. … Continue reading →

Global Trade Imploding As Chinese Exports Plunge 25.4%

Posted by EM_Equity ⋅ March 9, 2016 ⋅ Leave a comment

By Michael Snyder We just got more evidence that global trade is absolutely imploding. Chinese exports dropped 25.4 percent during the month of February compared to a year ago, and Chinese imports fell 13.8 percent compared to a year ago. For Chinese exports, that was the worst decline that we have seen since 2009, and … Continue reading →

China’s Newest Export: Empty Buildings

Posted by EM_Equity ⋅ March 2, 2016 ⋅ Leave a comment

By Michael Pento, Pento Portfolio Strategies A little over six months ago the owners of the Baha Mar, a $3.5 billion Bahamian resort, filed for bankruptcy. Shoddy construction from the China State Construction Company led to delays resulting from leaking plumbing, porous Chinese concrete and large cracks at critical stress points. The doomed project even … Continue reading →