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China Slowdown Will Benefit U.S. & Other Commodity Importers: Sharma

DailyTicker

"China is a much more mature economy now, so the days of growing at 8-9% are gone."

That's according to Ruchir Sharma, he’s head of Emerging Markets and Global Macro at Morgan Stanley Investment Management and author of "Breakout Nations."

Signs of a slowdown across China have been piling up. June trade numbers missed badly, with exports falling by 3.1% compared to the same period a year ago.