Bit off topic, but just to reinforce my point on China these...

Bit off topic, but just to reinforce my point on China these three recent articles from the last few days are symptomatic of the troubles in this region. P.S. I wonder where those gold exports from Singapore ended up? Eshmun

From today:

Shakey South Korean economy hit by spreading labor dispute

http://m.koreaherald.com/view.php?ud=20160719000887#jyk

"The unions of Hyundai Motor and Hyundai Heavy Industries on July 19 staged a partial strike, collaborating in industrial dispute for the first time in 23 years."

From yesterday:

Singapore exports hit by weak China demand

http://www.bangkokpost.com/news/asean/1038470/singapore-exports-hit-by-weak-china-demand

"Exports to China, Singapore's top overseas market, fell 9.9% in June from a year earlier. That compared to a 10.1% decline in May."

Non-oil domestic exports (NODX) fell 2.3% last month from a year earlier, the trade agency International Enterprise Singapore said in a statement on Monday. That was slightly better than the median forecast of a 3% fall in a Reuters poll.

In May, NODX unexpectedly jumped on gold and pharmaceuticals shipments.

On a month-on-month, seasonally adjusted basis, NODX tumbled 12.9% in June, IE Singapore said, below a forecast of a 10.3% contraction.

The downturn in exports mirror Singapore's weak container volumes, which fell 5.2% in the first half of 2016 from a year earlier with some container yards empty."
From Today:

China economy growing, but at only half of official estimates: SMI survey

http://uk.reuters.com/article/us-china-economy-sales-survey-idUSKCN0ZZ18C