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Reader: Their Imports have Plunged 25% so they are Importing themselves!
Posted By: RumorMail Date: Thursday, 10-Mar-2016 12:33:21
www.rumormill.news/42191
In Response To: Culture Wars: $100M Chinese "Cultural Theme Park" to be built in South Carolina (RumorMail)
NWO here we come with all this displacement of cultures and peoples.
Chinese Exports Plunge 25.4 Percent Compared To Last Year
Snip
We just got more evidence that global trade is absolutely imploding. Chinese exports dropped 25.4 percent during the month of February compared to a year ago, and Chinese imports fell 13.8 percent compared to a year ago. For Chinese exports, that was the worst decline that we have seen since 2009, and Chinese imports have now fallen for 16 months in a row on a year over year basis. The last time we saw numbers like this, we were in the depths of the worst economic downturn since the Great Depression of the 1930s. China accounts for more global trade than any other nation (including the United States), and so this is a major red flag. Anyone that is saying that the global economy is in “good shape” is clearly not paying attention.
China aims to lay off 5-6 million state workers over the next two to three years as part of efforts to curb industrial overcapacity and pollution, two reliable sources said, Beijing’s boldest retrenchment program in almost two decades.
China’s leadership, obsessed with maintaining stability and making sure redundancies do not lead to unrest, will spend nearly 150 billion yuan ($23 billion) to cover layoffs in just the coal and steel sectors in the next 2-3 years.
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Articles In This Thread
- Culture Wars: $100M Chinese "Cultural Theme Park" to be built in South Carolina
RumorMail -- Thursday, 10-Mar-2016 12:19:38
- Reader: Their Imports have Plunged 25% so they are Importing themselves!
RumorMail -- Thursday, 10-Mar-2016 12:33:21
- Reader: Will A Chinese Takeover Of America Lead To Martial Law In The U.S.? - When Prophetic Dreams Meet Current Events
RumorMail -- Thursday, 10-Mar-2016 12:46:31
- Deja-Vu All Over Again Dept.: There was a $100M Chinese Theme Park in Orlando. It opened in 1993, closed 2003.
MrFusion -- Thursday, 10-Mar-2016 13:12:55
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