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  1. Join Date
    Nov 2005
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    #1
    bye bye 2100


  2. Join Date
    Nov 2010
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    #2
    ^ reflective of how their bridges are performing.

    Mali na ata thread title.

  3. Join Date
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    #3

  4. Join Date
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    #4
    Quote Originally Posted by uls View Post
    Uls bait nga pala 50 is the magic number for PMI. Above is good, below is worrisome. ??

  5. Join Date
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    #5
    Purchasing Managers Index (PMI) Definition | Investopedia

    Definition of 'Purchasing Managers Index - PMI'
    An indicator of the economic health of the manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.

    Investopedia explains 'Purchasing Managers Index - PMI'
    A PMI of more than 50 represents expansion of the manufacturing sector, compared to the previous month. A reading under 50 represents a contraction, while a reading at 50 indicates no change. Prior to September 1, 2001, the acronym (PMI) stood for Purchasing Managers' Index. The Institute of Supply Management (ISM) now uses only the acronym, PMI. Although the ISM publishes several indexes, the PMI is the most widely followed and is sometimes referred to as the ISM index.

  6. Join Date
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    #6
    Quote Originally Posted by uls View Post
    bye bye 2100

    strong rally from 2,000...

    then the rally loses momentum hehe

  7. Join Date
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    #7
    Quote Originally Posted by uls View Post
    strong rally from 2,000...

    then the rally loses momentum hehe
    ooops spoke too soon hehe

  8. Join Date
    Nov 2005
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    #8
    Boom city Dongguan faces bankruptcy as village debts soar | South China Morning Post

    After three decades of spectacular growth, Guangdong's boom town of Dongguan is on the brink of bankruptcy.

    Up to 60 per cent of its villages are running up deficits and will soon need a bailout from the township, researchers at Sun Yat-sen University have discovered.

    It is a dramatic turn of fortune for Dongguan - one of the richest cities in China - and could foreshadow a wider fiscal crisis as the country's economy cools.

    Local government debt hit 10.7 trillion yuan (HK$13.16 trillion) nationwide at the end of 2010, equivalent to about 27 per cent of gross domestic product. Credit rating service Moody's estimates the actual figure could be about 14.2 trillion yuan.

  9. Join Date
    Mar 2010
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    #9
    magkaka recession ba sa china? di ko maintindihan ang mga financial reports na to e.

  10. Join Date
    Nov 2005
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    45,927
    #10
    nope. by textbook definition of recession hindi sila mag recession

    pero... sanay sila sa blazing hot GDP growth rate of 10% and higher

    so slowing to 8% or 7% is painful to them

  11. Join Date
    Nov 2010
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    25,276
    #11
    ^ If trend continues until the yearend. Malamang. Dapa kasi last quarter bumawi sila due to higher exports for the holidays. Pero if anemic yung local consumption, problema talaga. Just my thought though.

  12. Join Date
    Nov 2010
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    25,276
    #12
    Some more relatively bad news for China.

    US expert sees fall of China | Inquirer Opinion

China on the rise!