$17bn Margin Calls Triggers Next Wave Of Selling!, page-17

I agree...

Here's the "Full Dope" on China's PMI...

1st March 2020: China PMI: Feb 2020 Record Low, So Belt Up For Major Fallout.

Manufacturing PMI came in at
* 35.7 in February 2020 vs
* 50 in January 2020
* Feb Forecast was 45

It's below the record low of 38.8 during the global financial crisis.

Non-manufacturing PMI was worse, driven down by services and real estate!
* 29.6 in February vs
* 54.1 in January
* Forecast 39.1

China's latest data is pointing to a stalled economy that will significantly hit global supply chains and growth.

OZ: Major Negative Contagion Affects Will Hit OZ Very Hard...