China’s dueling in its
manufacturing indexes as they were the world’s most watched economic data, the “weakening
of their manufacturing have slowed down drastically thus it leads to full disappointments”
this is what Capital Economics concluded.
The drastic drop compared to the
previous activities, worries Chinese Economist that this may lead to economic
disaster if the Chinese government will not take necessary actions to resolve
economic downturn.
The downturn of China’s Manufacturing
is a clear sign that it’s economic is weak due to the static growth momentum. The
result is depressing showing trouble for the service sector in China.
The falling graph shows that Chinese
people has no confidence in its country, this worries for the middle age group
in which they need that assistance for their government, the fear that is
within them as they predict the fate of their economy.
Chinese authorities should focus
on revising its economic procedures in order to fill in the loss that they have
encountered.
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