A slowdown in growth in China, weak commodity prices, low bond yields, weak global trade and a fall in the oil price have combined to create uncertainty in global financial markets and an increase volatility. China’s growth has slowed as it attempts to transition from a state-led investment and manufacturing economy to one more dependent on consumption and services. This was widely predicted and should have come as no surprise to the markets. However, it has been the pace of the slowdown that has made investors nervous. It is also widely accepted that China’s official figures may overstate growth, making the slowdown even sharper than reported. This drive. Read more...
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