China's economic slowdown isn't just bad for China. It's bad for everyone who trades with China. GDP growth has slowed from 10.4% annually in 2011 to 7.4% last year. According to the World Bank, this number should continue to slide, going below 7% by 2017. Joseph P. Quinlan, a strategist for US Trust, wrote about the importance of Chinese importing. "Import demand in China has been simply staggering since 2000, with imports rising nearly nine-fold between 2000 and 2014, helping to boost demand a...
China's economic slowdown isn't just bad for China. It's bad for everyone who trades with China. GDP growth has slowed from 10.4% annually in 2011 to 7.4% last year. According to the World Bank, this number should continue to slide, going below 7% by 2017. Joseph P. Quinlan, a strategist for US Trust, wrote about the importance of Chinese importing. "Import demand in China has been simply staggering since 2000, with imports rising nearly nine-fold between 2000 and 2014, helping to boost demand a...
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