TB:Euro zone in deep downturn as China, U.S. tick up
The euro zone economy is on course for its deepest downturn since early 2009, while Chinese factories returned to growth last month bringing better news for the world economy, business surveys showed on Thursday.
The latest purchasing managers indexes (PMIs), which survey thousands of companies all over the world, at least suggested the global economic slowdown is not getting worse, despite the prolonged downturn in Europe.
