Direxion Daily China Bear 3X (YANG)

[qwertytrader]

R&D - The Chinese citizens can not afford new stuff. Todays individuals rather give up their cars than their cell phone = FACT

1. Foreign phone sales plunge 47% in China

2. China to Subsidize Smartphone Purchases in Bid to Lift Spending

3. China’s industrial profits extend decline to a fourth straight month, dropping 7.3% in November

4. Chinas Declining Productivity Factors Behind Economic Slowdown

YANG