Things don’t look too great in China, and the economy is stagnant, despite the sheer size of the Chinese market.
While this sounds absurd, growth numbers are failing to impress even the most conservative financial analysts, and the latest PMI report is quite shocking.
The Purchasing Managers’ index (PMI) is an indicator of the economic health of the manufacturing sector, and it is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.
February’s PMI in China is out, and judging from the graph below, it’s the worst it has been during the past five years.
Chinese domain sales typically follow this trend, and we are witnessing an unwillingness by the Chinese domain investors to part ways with their hard-earned cash.
While tracking domain transactions in China, we focus on two categories: dot .CN and dot .COM domains, of between 2 to 4 characters in length; that’s the sweet spot of all transactions among the Chinese.
Today’s list is not very exciting, and March 1st marks the beginning of a new month in the Year of the Monkey.
We’re seeing a two letter .CN on this list below, a NNNN .com and a few random Chips; some data courtesy of BenMi.com.
bz.cn
4919.com
ctqj.com
dbgm.com
dxdf.com
kszr.com
ncnh.com
wxqh.com
