Ironically, Taiwan Could Suffer the Most from the Chinese Slow-Down
As the global financial crisis wages on, some countries find themselves deep in the trenches of bad credit, a ruinous housing market, and a workforce facing sectoral challenges.
This is starting to ring true for China as well; and as a bad economy becomes part of China's portfolio, the negative impact on other countries is unavoidable. The Purchasing Manager's Index (PMI), an index used to measure manufacturing progress in economies around the world, indicates that China's manufacturing growth has slowed in July for the fourth . . .
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