SMFNew Installed
0 Members and 133 Guests are viewing this topic.
"Hong Kong CNN — China’s factory activity contracted at its fastest pace in 16 months in April, as steep US tariffs took a heavy toll on the manufacturing sector, adding urgency to Beijing’s efforts to roll out fresh economic stimulus.Zhao Qinghe, a senior statistician at the NBS, said in a statement that the contraction in factory activity was due to “sharp changes in the external environment and other factors.”The acute decline underscores the damage that US President Donald Trump’s 145% tariffs on Chinese goods have already inflicted on the country’s export and manufacturing-reliant economy. Chinese manufacturers began to feel the brunt of the sky-high levies last month, as order cancellations and production cuts spread, raising fresh concerns over the country’s growth prospects."https://www.cnn.com/2025/04/30/business/china-pmi-factory-activity-tariffs-hnk-intl/index.htmlStarving the Chinamen is the right thing to do.