Month: February 2020

Manufacturing activity in China plunged in February, exceeding its collapse during the global financial crisis of 2008, according to one of the first official economic indicators published since the coronavirus outbreak.  The manufacturing purchasing managers’ index (PMI) fell to 35.7 this month, which was an all-time low and was down from 50 in January, China’s
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The Chinese economy has witnessed tremendous transition and growth since 1978 when Deng Xiaoping introduced China to capitalist market reforms and moved away from a centrally planned economy. The resulting growth has persisted for the last 35 years; its gross domestic product (GDP) has seen an average annual growth rate of 10.12% between 1983 and 2013,
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Flint, Michigan-based Hurley Medical Center’s rating outlook was revised to stable from negative by Moody’s Investors Service on its improved financial performance. The speculative-grade Ba1 rating was affirmed. The outlook change comes ahead of the medical center’s pricing of $52 million in tax-exempt revenue bonds Tuesday. The bonds will be issued via the Flint Hospital
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