This undoubtedly understates, or rather lags, the damage. The biggest hint comes from neighbouring countries. South Korea and Taiwan, the third and fourth biggest importers to China last year, saw exports in December plunge 17 per cent and 42 per cent respectively. Many of these shipments contain parts which China processes or assembles and then ships on to the rest of the world. If Chinese imports of such components are down by around a third, you can bet a more serious export slump will follow soon. Prices are also falling too. Chinese shipment prices to the US fell 0.6 per cent month-on-month in November, according to US data. Morgan Stanley calculates the Chinese export contraction, measured in local currency, is around 10 per cent.
底特律汽车制造商、德国工业企业、日本电子厂商，乃至你愿意费心提及的任何制造商，都会对订单数量呈现如此温和的下降感到欣慰。manbetx3.0 作为最受青睐的世界工厂，12月出口同比仅下降2.8%。