Sunday, July 26, 2015

MARKETS_ El-Erian: China no longer global growth locomotive

CNBC

El-Erian: China no longer global growth locomotive

Tom DiChristopher

Thursday, 23 Jul 2015 | 11:24 AM ET

Mohamed El-Erian said Thursday he believes China can engineer a soft landing to its recent stock market woes, but the country's economic slowdown is raising a multitude of issues.

"China is no longer a locomotive of global growth, and that has implications for companies. It has implications for commodities markets," Allianz's chief economic advisor told CNBC's "Squawk on the Street."

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VIDEO
: http://www.cnbc.com/2015/07/23/el-erian-china-no-longer-global-growth-locomotive.html


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Nguyễn Hoài Trang
27072015

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