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To: tejek who wrote (106748)1/3/2012 5:00:12 PM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
It's all in the headline. They said China Manufacturing Shows Resilience and then they go on to quote the China PMI at 50.3, up from 49 in Nov. What resilience? A reading below 50 is CONTRACTIONARY. 50.3 is barely treading water. I wouldn't call that resilience.

This is why I think our news is all propaganda now. They shouldn't try to spin the news in the title. The title should have read: "India and China Manufacturing Indexes were Reported Today". That's news. This is propaganda: "India, China Manufacturing Shows Resilience".