China's third-quarter slowdown continued into October, with only a few signs of stabilization evident amid the weakest pace of expansion in almost thirty years.
Bloomberg Economics' gauge aggregating the earliest available indicators from financial markets and businesses showed the economy cooling for a sixth month, with indicators for trade, factory prices, iron ore and copper all worsening.
Easing tensions with the U.S. in September and October are too recent to have any effect on trade, which continues to worsen on slowing global demand and the effects of the tariff war. South Korean exports in the first 20 days of October, a leading indicator for intra-Asian trade and for the tech cycle, dropped almost 20 percent, extending their decline to 10 months.