We have identified five companies that investors should pay attention to when considering their exposure to China. These companies all have large amounts of revenue from the country or are in industries that China has a heavy hand in—including industrial building, mining or resource industries—those where the Chinese government continues to expect slowing demand. You should see Insider Monkey for more details about China's manufacturing.
Wednesday, October 02, 2013
5 Stocks to Watch After China’s Manufacturing Miss
When China manufacturing misses, stocks that need to watch for are revealed. Please see Insider Monkey's " 5 Stocks to Watch After China’s Manufacturing Miss" first before making up your mind. Earlier today, China's official survey of factory managers revealed a seventh straight quarter of contraction, and estimates put the country's annual economic growth easing to 7.4% in 3Q, before picking up to 7.6% in the final three months. September PMI remained near August 2012 levels, which was the lowest reading since November 2011, with demand remaining weak for refined metals, steel and other building materials.
We have identified five companies that investors should pay attention to when considering their exposure to China. These companies all have large amounts of revenue from the country or are in industries that China has a heavy hand in—including industrial building, mining or resource industries—those where the Chinese government continues to expect slowing demand. You should see Insider Monkey for more details about China's manufacturing.
We have identified five companies that investors should pay attention to when considering their exposure to China. These companies all have large amounts of revenue from the country or are in industries that China has a heavy hand in—including industrial building, mining or resource industries—those where the Chinese government continues to expect slowing demand. You should see Insider Monkey for more details about China's manufacturing.
