andy's - helga's kaputt wednesday, page-84

it's not just bad... it's the worst in 2 and 1/2 years

and I think it's going to get worse with the bickering of RMB appreciation and trade tariffs from countries led by the USA

Manufacturing in China is going into a quagmire, overcapacity, falling demands, rising labour costs and commodity prices, appreciating currency, and lots of other government stuff like corruption and miscellaneous taxes

lots of the enterpreneurs have shifted capital to real estate speculation and they will or already are being burnt big time.

I dont want to go into the details coz that can be depressing, even martis' chart looks brigher in contrast