It does not cease to amaze me that the 'Experts' act surprised when reports about a slowdown in Chinese Economy make headlines. Globalization is a fiery dragon that will consume all the consumers and producers of goods that people so covet in their lives. The Europeans have no money to buy Chinese made goods nor do the Americans or the Canadians or the majority of Chinese for that matter; so is it any surprise that Chinese manufacturing is slowing down? Globalization was based on the idea of ever increasing Economic growth which is a mathematical impossibility. The idea was akin to trying to fill the Grand Canyon with water at twice the rate at which it could be drained from there and believing that it would never get full. Therefore the consequences of what would happen when it did get full and began to overflow the surrounding land was never explored by the champions of Globalization. However since the whole world has been joined at the hip by Globalization, when one major organ, such as China catches a cold, it gives pneumonia to the whole world. The problem has been allowed to get so big, by design I'm sure, that there is no possible cure except for the dragon to crash and burn and take the whole World down with it. Out of the ashes of that Old Order will arise a New Economic Order as well as New Political Order and a New Religious Order. These Orders are not necessarily 'New', they have operated out of the shadows since the days of Nimrod, the builder of Babel (Babylon.) Babylon, which is the present Economic, Political and Religious Order, has brought misery and destitution to billions across the Millennia. But the day of Reckoning for Babylon is fast approaching and it begins with a collapse of the present Economic Order. It does not matter if you believe in the Bible or not, if the author of this book is God Almighty, there is nothing anyone can do to stop that which is coming; the signs are all around us but visible only to those who keep their eyes and ears open to the things of the Spirit, not just that of the flesh. As written in the scriptures below, Babylon will fall, and the day will come that no one will buy any merchandise from any merchant, whether Chinese or European or American. God hates this buying and selling of His Creation that He Freely gave to all mankind to enjoy and use, not to hoard and sell. Though He has tolerated this System for ages since it served His purposes to do so, those purposes have now been almost fulfilled and the Day of Reckoning, of settling all accounts is at hand! Fear not the devil or man or their Systems and Orders, New or Old, Fear God who is ALMIGHTY, ALL POWERFUL, OMNIPOTENT, who alone holds the power over death, and is able to save your soul and give you Life Everlasting through Jesus Christ who has conquered death for all of us! Amen.
(Reuters) - China's economic momentum slowed in March as factory activity shrank for a fifth straight month, leaving investors fretting about the risks to global growth and anticipating fresh policy support from Beijing.
The HSBC flash purchasing managers index, the earliest indicator of China's industrial activity, fell back to 48.1 from February's four-month high of 49.6. New orders sank to a four-month low, an expected rebound in export orders failed to emerge and new hiring slumped to a two-year low.