HotDog: yes, seems the whole mfg sector is suffering badly. It's scary to think the commentators think the "real economy" phase hasn't even reached close to bottom and that we're only seeing the "financial phase" hit the bottom - when consumer spending hits rock bottom a year or so from now, when the ARM's activate and foreclosures accelerate - ie when we hit the depths of the recession then how will mfg look?
In the Great Depression in the US unemployment hit some 24%, let's hope that figure will be much lower in China when manufacturing bottoms. Otherwise things will not be pretty.
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