Bloomberg |
China Manufacturing Contraction Deepens Amid Cash Pinch: Economy
Bloomberg China's manufacturing is shrinking at a faster pace this month, adding to stresses in the economy and financial system as a cash crunch drives benchmark money-market rates to records. The preliminary reading of 48.3 for a Purchasing Managers' Index … Euro zone business slump eases but second quarter contraction likely: PMI Euro-zone manufacturing PMI rises to 15-month high China PMI Slump Will Test Authorities' Resolve |