(Reuters) – It’s official. China’s slowdown is starting to hurt corporate America.
As the world’s second-largest economy – and still growing – China is seen as a primary source of revenue growth by the largest U.S. companies. But a country that once boasted double-digit growth is now growing at a more modest 7.5 percent rate, its credit markets are overheated and fears of a housing bubble remain.
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Angela Moon, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/E0z6jt3eaUg/
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