Chinese export growth has fallen steadily since August as Europe's debt crisis and high US unemployment hurt demand.
- US unemployment has fallen to its lowest since Feb 09, as 200,000 jobs wered added in December.
US unemployment (even with their fake data) is around 10% while Germany's is around 7%.
The copyright industries have shed a few jobs, but employment has held largely stable through the recession as other industries cut positions and US unemployment surged to 9+ percent.
US unemployment declined to the lowest level in almost three years last month, lifting hopes that 2012 may herald a stronger recovery in the world's biggest economy.
As the US unemployment grew, so did increasingly strident calls in Washington for China to allow its currency, the Renminbi, to rise in value against the dollar.
US unemployment (September).
The first few months of Obama's presidency are turning into a car crash (last week, US unemployment hit a 25-year high).
It's another big day for economic news, with data on the UK services sector, eurozone industrial new orders, and US unemployment all due.
As US unemployment remains at high levels, most economists predict anaemic growth at best.