Manchester United and Liverpool fans dream of the arrival of superstar players ahead of a new campaign, but it seems the spending power of both Englsih giants could be on the wane.
Tag Archives: a-reality-check
China exports slide a reality check on recovery
Hopes for a China-led recovery to the world economy got a reality check Thursday, as government data showed the country’s exports in May fell a record 26.4 percent compared to last year. With recent disappointing trade figures from South Korea, Taiwan and Germany, the numbers out of China suggests no light yet in sight at the end of the recessionary tunnel.