China’s biggest drop in exports since 2009 (must be the weather… in New York)
The sun sets behind cranes at the Yangshan Deep Water Port in Shanghai. Shipments abroad dropped 18.1 percent from a year earlier, the customs administration said in Beijing yesterday.
So let us get this straight… The worlds economy (according to MSM is chugging along at recovery a.k.a goldie lock rates) is in recovery. Then I am very confused as to why the worlds largest consumer based economy is Not consuming and the worlds largest producing economy is not producing????