Relevant:
- Shanghai Prepares for Property Tax to Curb ‘Speculative’ Buying; China Addresses Symptom NOT Problem
- Food, Fuel Inflation Hits India; Primary Price Index Up 15%, Credit Expansion Up 23%
- China's Manufacturing Contracts for Second Month
- China Manufacturing "Expands" at Faster Pace; China Manufacturing "Contracts" 6th Consecutive Month; Confused by Conflicting Headlines?
- China enters unfamiliar economic territory with rising inventory -- Contraction in China's manufacturing sector now inching closer to one year. What does this say about the global recovery?
2011-07-21 — blogspot.com
``China is overheating on the backs of massive property speculation, needless infrastructure building, and rampant credit growth. In spite of that inflation, HSBC's China flash PMI points to contraction.''
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