Tuesday, February 10, 2009

Bad news in China

Bloomberg: China’s January Exports Fall 17.5%, Most in Almost 13 Years
Feb. 11 (Bloomberg) -- China’s exports fell by the most in almost 13 years as demand dried up in the U.S. and Europe, worsening the outlook for jobs and industrial production in the world’s third-biggest economy.
This is still fall out from the consumer panic of oct through Dec in the U.S. Watching the stats going forward should be interesting.


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