by Calculated Risk on 8/01/2010 02:55:00 PM
Sunday, August 01, 2010
China Slows, and a few posts of interest
The previous post was the weekly schedule (busy week ahead!) and summary of last week (scroll down for post).
Early this morning Part 5C of the Sovereign Default series: Some Policy Options, Good and Bad
From the WSJ: Chinese Manufacturing Growth Slows
China's manufacturing activity expanded at the slowest pace in 17 months in July ... China's official PMI ... fell to 51.2 in July from 52.1 in June, the third straight month in which it has declined. The reading was also closer to the expansionary threshold of 50 than it had been in 17 months. A reading below 50 signals contraction.Yesterday: