The Street -
31 Jul 2015 16:24
NEW YORK (TheStreet) -- If this is the end of China's economic miracle, U.S. investors are in for a rude return to reality. "Investors should be worried about the direct underlying companies [operating] in China," said Kevin Kelly, managing partner at Recon Capital Partners. The country's growing middle class, which has been the source of much of the demand for American and other foreign products there, is tightening, he said. Additionally, declines in the market may shake consumer confidence a...
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