economic transition

Below is a synopsis of this investment report:

• Concerns over China’s economy, currency, and stock market have ignited another round of volatility across global financial markets.
• China is in the very early innings of an economic transition that will likely take a decade or longer to achieve, and there will be bumps along the way.
• Although the near-term future for China may be questionable, the impact of China on the U.S. economy will be inconsequential.

 

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