Clunk! That was the sound of stocks and commodities around Asia tumbling on the double-whammy of the US Fed’s well-documented gloom and, more unexpectedly, a further fall in Chinese manufacturing activity. The advance estimate of China’s September purchasing managers’ index put the measure at 49.4 from 49.9 in August. That is now three months below the 50 level that (roughly) denotes the difference between expansion and contraction. This is poor.
砰!這是亞洲各國股市和大宗商品遭受雙重打擊暴跌的聲音——美聯準(Fed)充分證明了經濟前景黯淡,而更令人意外的是,中國製造業活動進一步下降。有關人士對中國9月份採購經理人指數的預估值爲49.4,而8月份該指數爲49.9。目前該指數的讀數已連續3個月低於50——50大致上是顯示經濟擴張與萎縮的分水嶺。這局面可不好。
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