Monday, 24 June 2013

China manufacturing shrinking according to Bloomberg report

Interesting report here - this may have an impact on the ability of shipping lines to implement their General Rate Increases (GRIs) in Jul 2013. Clearly there's a connection between a weak Eurozone and a weakening of Chinese manufacturing output.
http://theloadstar.co.uk/china-manufacturing-shrinks-faster-in-threat-to-europe/

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