By Nicholas Vardy China has been a leader in global wealth for some time, but many factors – trade war included – are slowing its economic growth.
There are several schools of thought on how the China miracle will play out, but one thing is for certain: Nicholas Vardy isn’t buying the China bull.
The latest news about the Chinese economy is in. And it’s not good.
China’s GDP grew at 6% in the third quarter of 2019. That’s the slowest pace since 1992.
The trade war with the U.S. is hitting home. China’s exports fell 3.2% year over year in September alone. Add declining income growth, …read more
