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Morningstar Research: China's pain, US's gain

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Could a slowing China actually be fuelling the US recovery? Bob Johnson, Director of Economic Analysis at Morningstar Research, argues that the decline in Chinese growth is leading to cheaper commodities and that can only be good news for US firms.

Only around 2% of US GDP relies on exports to China; so economic exposure to falling Chinese growth is relatively low. Instead with prices in oil, copper and some agricultural products coming down, US companies stand to benefit.