Description: As the saying goes, when China sneezes, the world catches a cold. But in this case China has flu — and it’s contagious. From nearby neighbors Japan and South Korea, to those in Europe, the U.S. and deepest Africa, everyone is affected by China. Andrew Stevens explains why its slowing economy is having knock-on effects around the world.
Source: CNNMoney.com – video report
Date: Aug 27, 2015
Questions for Discussions:
- What does the report say about the relationship of China’s economic slowdown and the impact on the rest of the world’s economy?
- Why are commodities particularly sensitive?