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The relatively small effects of slowing growth in China on the U.S. economy in 2015, and some positive factors
09/08/2015
WIth only 1% of U.S. GDP related to U.S. exports to China, and Chinese direct foreign investment in the U.S. being less than 1% of all foreign investment in the U.S., China's slowdown is not likely to affect the U.S., according to Easwar Prasad, former IMF expert on China. Positive factors are the slower growth in prices of manufactured products imported from China, the lower prices of commodities such as oil, copper and other metals for an extended period, and bigger markets in China for U.S. service industries, internet and entertainment as Chinese consumer spending plays a larger role in China's GDP.
Grouped Articles
China Slowdown Could End Up Being Good News for U.S.
Wall Street Journal 09.08.2015
Final 3rd-Quarter Estimate Shows U.S. Economy Growing 2%
New York Times 12.22.2015
Moody’s Cuts Its China Rating for the First Time Since 1989
WSJ 05.24.2017
Trade Fight With U.S. Complicates China’s Campaign to Contain Debt
WSJ 06.19.2018
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