Could a growing global skepticism of manufactured goods crash the world’s largest manufacturing economy?
Sunday, June 19, 2016
Chinese imports are down 4% compared to last year, and it’s a bigger drop in Japan with imports down 13%. More attention is being paid to Japan’s exports, down a surprising 11%. The decline is being attributed to slower spending by consumers, especially in China and developing countries, but also seen in Japan and some countries in Europe.