Signs of China slowdown add to dim global outlook (AP)

By admin on September 24th, 2011

FILE - In this Jan. 20, 2011 file photo, a handicapped man scavenges for resalable materials amongst garbage accumulated along a road in Beijing, China. Signs that powerhouse China is slowing have spooked global markets and added to fears that the world economy will suffer another recession. Analysts said Friday, Sept. 23, 2011 that the stock market fallout from one small, preliminary survey of manufacturers in China far exceeded the data's importance. But other signs of a slowdown suggest little reason for optimism.(AP Photo/Ng Han Guan, File)AP – Signs that the powerhouse Chinese economy is slowing have spooked global markets and sharpened fears that the world economy will not escape another recession, so much so that a small, preliminary survey of Chinese manufacturers contributed to a global stock market plunge this week.


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