China's economy weakening..this could be a red flag; or a reason for reluctance on the part of potential buyers of Melior's shares
"Knowing China's economy is slowing is like knowing you can save 15% or more on car insurance with GEICO. Everybody knows that.
But fewer people are focused on the magnitude of China's slowdown, much less considered the potential far-reaching implications for U.S. policymakers, investors and consumers.
Data released this week for the January-February timeframe have raised alarm bells among China watchers. Notably:
-- A 6.8% year-over-year growth in industrial production is "the weakest year-over-year reading ever (China’s IP data starts from 1995) outside the global financial crisis," according to Goldman Sachs.
-- Year-over-year retail sales growth of 10.7% is the lowest in over 9 years, according to IHS.
-- A 13.9% year-over-year increase in fixed-assets investment is the lowest in 14 years, according to IHS.
-- The Producer Price Index fell 4.8% vs. the prior year, the steepest drop since 2009.
-- Electrical consumption rose just 1.9% year-over-year after climbing 3.2% in 2014, the weakest in 16 years."
https://finance.yahoo.com/news/china-142313872.html