As China's growth slows, U.S. companies suffer, Reuters reports

theflyonthewall.com

China's slowdown is beginning to hurt corporate America, reports Reuters. Double-digit growth is over and it's now growing at a more modest 7.5% percent rate, its credit markets are overheated and fears of a housing bubble remain. Among 18 S&P companies with large exposure to China, 12 of them were underperforming the broader S&P 500 .INX index year-to-date.

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