The massive slowdown in Chinese economic growth coupled with an implosion in the communist hellhole’s real estate sector isn’t going to cause any headaches for the American economy yet given the limited exposure of US manufacturing and financial sectors but that could change if the problems accelerate into a full-blown meltdown for the Xi Regime, the New York Times reports.
“It doesn’t necessarily help things, but I don’t think it’s a major factor in determining the outlook in the next six months,” said global finance egghead Neil Shearing in a recent webinar presentation, adding “Unless the outlook for China becomes substantially worse,” with the Times saying the main danger would be to US manufacturing if a slowdown drives them to undercut prices on exports.