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JUL 24, 2013 - Business Insider

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These Countries Will Get Slammed If China Lands Hard

The Chinese economy posted 7.5% GDP growth in the second quarter, confirming fears of an economic slowdown. The disappointing Flash PMI report only worsened these concerns. And worries of a hard landing, or a sudden drop to below 6% full-year growth, are coming back too. China is a major source of global demand, with imports equivalent to 30% of GDP, Societe Generale Michala Marcussen points out in a new report. So a hard landing would have a major impact on economies that are reliant on China for their exports. "Drawing on different studies, mainly from the IMF and the OECD, we estimate ... Read More

Tags: These Countries Will Get Slammed If China Lands Hard,  Euro Latest News