China and Manufacturing Industry

distress signal: The authorities have struggled to stop share prices plunging after a bubble fuelled by retail investors, according to The Guardian. China then stunned markets by devaluing the yuan last week – a possible distress signal that raised further questions about its policymakers’ ability to keep a grip on the economy. China growth is slowing, with knock-on effects for producers of the commodities that power its manufacturing industry and for makers of goods bought by the country new middle class. Related:Five reasons to be worried about the Chinese economy Oil dip The price of oil has more than halved over the past year because of an abundance of supply and dwindling demand, particularly from China. But in the longer run if weak demand is a sign that the global economy is slowing then the news is not so good. In the short run, cheaper oil has been good for developed economies such as the UK, where consumers have more money to spend after years of falling real wages. (news.financializer.com). As reported in the news.