Depressed by grim global economic climate outlook, can terminal market demand be lifted by mainland China’s energy-saving promotion strategy?

Data from the EU shows that QoQ growth in the Eurozone of Q1 to remain 0 compared to Q4. As Greece is depleting its national coffers and is expected to run out of funds in Q3, and as European nations such as Spain are reportedly in economic crisis, financial departments of international governments are all bracing for the upcoming challenges amid record a high Eurozone jobless rate of 11%, slowed-down employment market in the U.S., global grim economic outlook, sharp drop in oil demand as well as continuous decline in oil and gold prices. 

 

The relatively better Chinese market also shows signs of chaos and uncertainties after the announcement of May PMI. Chinese PMI posted a yearly new low (50.4)

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