Senin, 15 Juli 2013

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Keith Fitz-Gerald Sheds Different Light on China’s Economic Growth Forecasts

We've heard reports of a slowdown in the Chinese juggernaut. Forecasts have shown that China's economy will grow by "only" 7.5% in the second quarter of 2013.

Europe is already in a recession, and America's own economic growth is wheezing along at less than 1% this quarter.

Is the media hype about China's economic growth slowdown overblown, or will it have real fallout for the United States and Europe?

Money Morning Chief Investment Strategist Keith-Fitzgerald speaks with FOXBusiness' "Varney & Co."about what these figures really mean for the global economy. Watch the following video for the answer.

 
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Keith Fitz-Gerald gave us the real story of China's economic growth and the "ghost cities" phenomenon. Click here to find out what's really happening.

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Credit: Money Morning - Only the News You Can Profit From http://feeds.moneymorning.com/~r/moneymorning/jOLe/~3/B-bcVA3iR-k/