Chinese manufacturing fall adds to evidence of sharp global .Mar 1, 2016 . China's factories have stumbled through last month's new year celebrations to join a broad decline in manufacturing across Europe and the US, . Bill Adams, senior international economist at PNC Financial Services Group, said the global economy would avoid recession, though only after the timely.is chinese mills in recession,Recession comes to China - The EconomistOct 20, 2008 . Many Chinese see the global recession much the same way you view an earthquake in Indonesia — terribly unfortunate for the people who live there, but not something that makes you change your daily routine. And here's another: I wonder what will happen after these factories move to Vietnam (or.