Videos of Violent Anti-Japan Protests in China Over Senkaku-Diaoyu Islands Dispute; Economic Update

It is interesting to see violent protests in China. I embedded three videos from Youtube.

The HSBC Flash China Manufacturing PMI hit a 9-month low in August at 47.8. So China might be in the midst of a "hard landing". The Shanghai Stock Exchange Composite Index hit a new 3.5-year low in early September at 2,029. Since then it bounced and is now trading at 2,088. The October 2008 low to test if it breaks down is 1,664. There are China bulls out there though. Read recent research notes by U.S. Global Investors and Nomura.

Interesting articles:

*China-Japan Island Dispute Grows in ‘Blow’ for Global Economy (Businessweek)
*China aims at Japan's economy in island protests (AP)
*Anti-Japan protests in China spread to more cities (LA Times)

"More than 1,000 Chinese march in Beijing to protest Japan's plan to buy the disputed Diaoyu islands. Japanese businesses are attacked in several cities."

*Japan brandname firms shut China plants after protest violence (Reuters)
*Some very bullish thoughts on China from Nomura (Also Sprach Analyst)
*Exclusive: Ghost warehouse stocks haunt China's steel sector (Reuters)

"(Reuters) - Chinese banks and companies looking to seize steel pledged as collateral by firms that have defaulted on loans are making an uncomfortable discovery: the metal was never in the warehouses in the first place."

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