► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />According to the latest ISM surveys, manufacturing is contracting in both China and the US. John Authers examines how stock markets took the data in their stride.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
