UOB cuts China growth forecast, warns of further downward revision if Wuhan outbreak 'lasts longer than expected
“With businesses operating below capacity and more quarantines reported, China’s manufacturing PMI could potentially drop towards 48.0 in February, which would be the lowest since the Global Financial Crisis, when the reading fell to as low as 38.8 in November 2008,” UOB said.
UOB cuts China growth forecast, warns of further downward revision if Wuhan outbreak 'lasts longer than expected
“With businesses operating below capacity and more quarantines reported, China’s manufacturing PMI could potentially drop towards 48.0 in February, which would be the lowest since the Global Financial Crisis, when the reading fell to as low as 38.8 in November 2008,” UOB said.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
emil
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Posted by emil > 2020-01-30 16:40 | Report Abuse
Once 70 broken, all down to 60sen below