By: Economic & Finance Report
More selling subdued in early morning trading, as there seems to be a major slowdown in the Chinese economy. China being the #2 world economy, has been slowing down tremendously in economic development within the last few years. It is showing now decisively in the stock market, sending rippling effects in Europe and on Wall Street.
Analytical data indicated that China manufacturing was one of the main sectors dropping within the last few years. This has sent trebles in other Chinese markets and sectors. This slowdown has affected global markets within the past month, as almost everyday stocks have readily been declining.-SB