| Investors are worried that China’s decade-long run as the world's growth engine may be over— along with unprecedented demand for commodities and ultra-cheap labor and parts for manufacturers.
Stocks fell Monday partly on such fears, while traders dumped assets such as copper and shares of Caterpillar. The reaction came after China cut its GDP target for this year to 7.5 percent, which would represent the slowest economic growth in eight years. That compares to an average growth rate of 11 percent over the last decade...............................................Full Article: Source
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