If China Is Really Slowing Down ...

The story of the day is China supposedly slowing down. The latest datapoint was last night’s weak HSBC Flash China PMI.

But if China is really slowing explain this: Yum Brands — whose growth is largely premised on the Chinese eating more and more fried chicken — is hitting a new high.

Short iron ore/long fried chicken.

chart

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.


Tagged In

china moneygame-us