Chinese stimulus plan – defend and spend
Don’t burst the bubble…
MAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT JBHT: SHORT-LIVED RALLY AND STEADY YIELDGXO: NEW ZENITH KNIN: STRENGTH CHRW: MOMENTUMWTC: WEAKENING
MAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT JBHT: SHORT-LIVED RALLY AND STEADY YIELDGXO: NEW ZENITH KNIN: STRENGTH CHRW: MOMENTUMWTC: WEAKENING
We all know of the slowdown of growth in China – export volumes fell 15% year-on-year in March. But this article gives a new perspective, showing how a lighting factory which once employed 2,000 workers now has just 200, and rents out the rest of the space. Other firms have trimmed staff numbers by 50%, as orders fail to appear in such large volumes and labour and environmental laws are tightened – at a cost to manufacturers.
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