China Restarts Economy

China’s budding economic recovery provides not only provides some relief to global manufacturing but also insight and guidance into a timeframe when the rest of the world’s economy will restart. Real-time indicators show that China is re-starting its industrial complex…Clearly, the re-start is at an early stage, but things are gradually improving. — Sanford C. … More China Restarts Economy

China Turns To State-Controlled Enterprises to Cushion Economic Shock

As private manufacturers in China struggle to restore production, most of the country’s 20,000 industrial companies controlled by the central government have increased production of masks, medicines, steel, heavy machinery and other products to maintain employment. China State Construction Engineering Corp. in Wuhan, for example,  created more than 20,000 jobs for construction workers, engineers and … More China Turns To State-Controlled Enterprises to Cushion Economic Shock

“The European Union borders and the Schengen borders will be closed”

It’s becoming pretty clear, at least to us,  that the world is going to look much different on the other side of this crisis.  Diminished global supply chains and more nationalism.  Slower growth and higher inflation. The speed and trajectory will depend on the outcome of the November presidential election. Macron’s full address for those … More “The European Union borders and the Schengen borders will be closed”

China’s Industrial Output Plunges, GDP Headed For First Contraction On Record

China’s industrial output fell more than expected as the coronavirus shutdown factories, across the nation.  Industrial output fell13.5% in January and February from a year earlier, versus a median estimate for a 3% contraction. Retail sales fell 20.5% in the period, compared to a projected 4% fall. Fixed-asset investment dropped 24.5%, versus a forecast 2% … More China’s Industrial Output Plunges, GDP Headed For First Contraction On Record