Europe's woes hit Chinese factories
China's once booming manufacturing sector is contracting at its fastest pace in nine months new business surveys show.
That is due to falling demand from debt-ridden Europe, which is China's single biggest export market.
The export slump has put the Chinese economy under pressure, with the ripples now being felt across east Asia.
...
http://www.euronews.net/
That is due to falling demand from debt-ridden Europe, which is China's single biggest export market.
The export slump has put the Chinese economy under pressure, with the ripples now being felt across east Asia.
...
http://www.euronews.net/