China’s economy may be on track to grow at its slowest pace in a decade, but there’s a silver lining to this: lower commodity prices may actually benefit the U.S. and Europe, just when they most need it.
“The U.S. might not be in too bad a shape because it would benefit form cheaper commodity and oil prices,” Frederic Neumann, HSBC’s Co-Head of Asian Economic Research said………………………………………..Full Article: Source